The stablecoin supply on Consensys-backed Linea, an Ethereum Layer 2 network, reached a new all-time high at $74.5 million last week as the network prepares for its token launch and airdrop.
According to DefiLlama data, USDC makes up over 75% of the market at $56 million. The increase comes alongside higher trading activity on Linea-based decentralized exchange Etherex, the largest protocol on Linea with over $150 million in total value locked (TVL).
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