2026-01-12 14:32:15

Stablecoin ecosystem on Ethereum continues its explosive expansion. Over the past year, stablecoin supply on the network surged by 43.4%, translating into roughly $50 billion in fresh capital inflows. This momentum underscores Ethereum's deepening grip on DeFi infrastructure. When you look at the chain-by-chain breakdown, Ethereum outpaces competitors in raw value accumulation across DeFi protocols. Its dominance in liquidity provisioning isn't just about numbers—it reflects the network's entrenched position as the backbone of decentralized finance. With more stablecoins anchoring into Ethereum, the flywheel effect strengthens: deeper liquidity attracts more activity, which in turn drives protocol adoption and user retention across the ecosystem.

ETH-0,85%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

9 Likes

Reward
9
7
Repost
Share

Comment

0/400

HypotheticalLiquidator

· 7h ago

5 billion in new funds pouring in, with a 43.4% growth rate... sounds enticing, but the systemic risks behind it are what keep people awake at night. Whether the health factors are within my concern range, the deeper the liquidity trap, the more people will experience chain reactions of liquidations when the time comes. If stablecoins on ETH accumulate like this, it wouldn't be surprising if market sentiment reverses and deleveraging becomes fierce.

View OriginalReply0

CounterIndicator

· 9h ago

ETH stablecoins are taking off this time, it's really a bit scary... 5 billion flowing in within just a year? It feels like it's reaching a peak.

View OriginalReply0

GrayscaleArbitrageur

· 9h ago

ETH ecosystem stablecoins surge by 5 billion, this is why everyone is mining on ETH --- 50 billion inflow? I just want to know when I can make money on ETH... --- Flywheel effect? Basically, ETH is siphoning other blockchains. --- 43.4% growth sounds impressive, but why am I still losing money haha --- Here we go again promoting the ETH ecosystem. Alright, I’ll just hold my position and wait for returns. --- So many stablecoins, who is actually using them? Does the market really need this? --- ETH’s liquidity advantage is indeed terrifying, but gas fees are still the same nightmare. --- 50 billion in, another 50 billion out. I doubt this cycle can continue. --- Still the same sentence, good data doesn’t equal easy money

View OriginalReply0

NotSatoshi

· 9h ago

ETH stablecoin's recent surge is truly outrageous, with 5 billion injected directly locking out other chains --- 43.4% growth... Basically, all the funds are piling into ETH, making it hard to compete due to the huge gap in competitiveness --- I've heard the liquidity flywheel story a thousand times, but ETH is definitely riding this wave of benefits --- Wait, is the sudden surge in stablecoins really all good? Feels a bit like a bubble --- DeFi's main highway is ETH; other chains can only scavenge leftovers --- 50 billion coming in so quickly feels like catching a train --- By the way, Ethereum is now the landlord of DeFi; other public chains really can't keep up

View OriginalReply0

OnchainDetective

· 9h ago

According to on-chain data, there's something interesting about the inflow of this 50 billion US dollar stablecoin... Behind the 43.4% growth, we need to see who's taking the bait. After tracking and analysis, large wallet activities are indeed unusually frequent, and obvious fund connections point to a few core addresses. By the way, I've already uncovered the classic pattern of this kind of liquidity trap in a certain post. The trading pattern is so regular... Hmm, suspicious wallet behavior attributes.

View OriginalReply0

TommyTeacher

· 9h ago

ETH this wave is really stable now, the 5 billion inflow indicates the market still recognizes it --- The story of stablecoins has been told for so long, but indeed no one can shake Ethereum's position --- Everyone understands the logic of the liquidity flywheel, the key is how long it can be maintained --- A 43.4% increase sounds great, but I don't know where this money ultimately ended up --- ETH is deeply integrated into DeFi, other chains can forget about competing --- $50b sounds like a lot, but looking at the entire crypto market cap... it's still a bit虚 --- If the flywheel really took off, it would have already, feels like we're just repeating the same story --- Ethereum's moat is indeed deepening, there's no doubt about that --- Main inflows are still stablecoins, what does that mean? The market has become more conservative --- Who still cares about chain-by-chain comparisons now? Is there real收益?

View OriginalReply0

GateUser-2fce706c

· 9h ago

I've long said that the Ethereum stablecoin sector is the high ground. Now that $5 billion is pouring in, it's just the beginning. Don't miss this opportunity, everyone.

View OriginalReply0