Since July, stablecoin supply on @ton_blockchain has grown sharply with the weekly average now now over $1bn
-Transfer volume up 30% M/M
-Stablecoin supply up 20% M/M
What's behind this growth?  (1/3)

Since introducing @ethena_labs on @wallet_tg , supply continues to trend upwards and is nearing $250mn (2/3)

Finally, while exchanges are large holders of stablecoins on @ton_blockchain , self custodial options like Wallet are also large holders, indicating high usage of @wallet_tg (3/3)

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