POPA Recon🏦 Stablecoin Supply on Ethereum Is Highly Concentrated
🏦 Stablecoin Supply on Ethereum Is Highly Concentrated The Top 100 wallets hold around 95% of USDS and USD1 supply, while for other major stablecoins, their share still exceeds 50%. Newer stablecoins are more concentrated among issuers, liquidity providers, and institutions, while established assets are more widely distributed across exchanges, DeFi protocols, and users. 👉 Keep an eye on token holders in the new section on our website: https://cryptorank.io/price/usdcoin/holders
The excerpt is quoted from a public Telegram channel, which owns its text.