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On-chain data shows that in the past 24 hours, the stablecoin supply on the Solana network experienced a significant increase, with a single-day growth of up to $903 million, leading all major public chains across the network.
Meanwhile, other ecosystems are also advancing their stablecoin deployments. The Arbitrum network added $104 million in stablecoin supply, followed closely by Polygon, which increased by $76.1 million. From this data, it can be seen that as more users and projects flock to high-performance public chains, the growth in stablecoin supply—used as the foundational asset for on-chain transactions and lending—has become an important indicator of ecosystem activity.