🕊 Kairo Research's Plasma @Plasma dashboard - Ranks 2nd in the global blockchain stablecoin ecosystem Kairo has released diagrams showcasing the stable ecosystems of various chains, including Plasma and ETH. ✔️ First, in terms of TVL, the total supply of stablecoins is: 1st - Ethereum - (14.7b$) 2nd - Plasma (4.5b$) ⭐️ 3rd - Arbitrum (415m$) ✔️ Currently, the utilization rates of stablecoins in the ecosystems are: Ethereum - 31% of the total supply is being utilized for lending, approximately 50% of the total supply is in a borrowed state. Polygon - 35.44% of the total supply is being utilized for lending, approximately 72.8% of the total supply is in a borrowed state. Plasma - 92.22% of the total supply is being utilized for lending, 97.75% of the total supply is being utilized for borrowing ⭐️ In Aave's multi-chain expansion, Plasma ranks 2nd after Ethereum. In Pendle's case, Plasma also ranks 2nd in multi-chain expansion after Ethereum! True to its name, it is establishing itself as a key infrastructure for utilizing stablecoins as a stablecoin chain. Once Plasma One is released and payments are available, it seems likely to gain a significant advantage in stablecoin utilization...?!? #Plasma #플라즈마 #XPL