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🥧 Ethereum Stablecoin ATH - We are just getting started!
🔹 $145.3B (L1: $131.8B & L2: $13.5B)
🔸 *0.5% of US Treasuries ($29T)
🔹 0.145% of World Treasuries ($100T)
All of this needs to be brought onchain: 689x more
*Not all stablecoins have USD backed treasuries, some are also pegged to other currencies, so this percentage is likely much smaller...

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