Stablecoin activity in the crypto market has surged, indicating increased liquidity inflows. Stablecoin supply has reached an all-time high of $217.8 billion, driving market movements. USDT and USDC remain dominant, but newer players like USN and FRAX are also growing. Tron has outperformed other blockchains in stablecoin inflows, while Ethereum-compatible Layer-2 solutions like Base, Polygon, and Optimism have also seen increases. However, Avalanche and TON have experienced declines in stablecoin reserves.



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