🥧 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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