Arbitrum reached an all-time high in stablecoin supply, amid rising inflows.Arbitrum reached an all-time high in stablecoin supply, amid rising inflows.

Stablecoin adoption on Arbitrum mainnet is at an all-time high

2 min read

Arbitrum is quickly becoming one of the favored blockchains for stablecoins, which are rapidly expanding.

Arbitrum (ARB) stablecoin adoption is growing rapidly. On Monday, July 7, the total stablecoin market cap of the chain reached an all-time high, surpassing $6.8 billion in value. The figure includes both natively minted stablecoins and bridged stablecoins.

Stablecoin supply by blockchain | Source: Artemis Capital

This figure puts Arbitrum in fifth place among blockchains. Ethereum (ETH) still dominates, with $127 billion, while Tron (TRX) is in second place at $81 billion. BNB Chain (BNB) and Solana (SOL) follow in third and fourth place, at around $10 billion.

In the past few weeks, Arbitrum has seen significant stablecoin inflows. For the week ending on June 2, Arbitrum recorded $381 million in stablecoin inflows, more than any other chain. At the same time, Ethereum saw $374 million in outflows.

Arbitrum has over 1 million stablecoin wallets

Out of the total $249.8 billion in stablecoin supply, Arbitrum now controls 2.6%. What’s more, as of June 25, Arbitrum had 1.3 million active addresses that hold stablecoins. In this metric, BNB leads with 11.8 million, followed by Tron with 9.6 million.

Stablecoin active addresses by blockchain

It is important to note that the stablecoin supply can be calculated in different ways. For example, Artemis measures this figure by combining all stablecoin balances on the chain, including those deployed in DeFi liquidity pools, derivatives, etc. DeFiLlama tracks just stablecoin wallet balances, which stand at $3.465 billion. Notably, 61.14% of these balances are in USDC.

Despite significant stablecoin adoption, Arbitrum’s price has been trending downward. Over the last 30 days, ARB has fallen from a high of $0.4255 to its current value of $0.3284. This is despite the latest partnership with the trading app Robinhood, in what is likely a “buy the rumor, sell the news” trend.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

United States Building Permits Change dipped from previous -2.8% to -3.7% in August

United States Building Permits Change dipped from previous -2.8% to -3.7% in August

The post United States Building Permits Change dipped from previous -2.8% to -3.7% in August appeared on BitcoinEthereumNews.com. Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet. FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted. The author and FXStreet are not registered investment advisors and nothing in this article is intended…
Share
BitcoinEthereumNews2025/09/18 02:20
Payward Revenue Hits $2.2 Billion as Kraken Exchange Reports Strong 2025 Growth

Payward Revenue Hits $2.2 Billion as Kraken Exchange Reports Strong 2025 Growth

TLDR Payward, Kraken’s parent company, earned $2.2 billion in 2025, a 33% increase from 2024’s $1.6 billion Trading revenue and asset-based services each contributed
Share
Blockonomi2026/02/04 20:11
Super Micro Computer (SMCI) Stock: Revenue Soars Past $12B on AI Server Boom

Super Micro Computer (SMCI) Stock: Revenue Soars Past $12B on AI Server Boom

TLDR Revenue hit $12.7 billion, crushing $10.42 billion estimate and up 123.4% year-over-year EPS of $0.69 beat consensus $0.49 by 40.8% in fiscal Q2 Q3 guidance
Share
Blockonomi2026/02/04 20:36