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With DeFi development, Ethereum helps stablecoin prices soar to a record $1 billion

Source: CoinWorld
Ethereum's single-day USDT minted by the USDT hit a record $1 billion, highlighting its dominance as the main platform for stablecoin issuance. ERC-20-based tokens reflect the growing demand for stable assets in DeFi and cross-border transactions. Tether's transparent reserves and Ethereum's scalability, enhanced by its PoS transformation, consolidate its position in the global financial sector.
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