Avalanche, Stellar and XRP Ledger top stablecoin growth among major chains
AI Market Summary
DefiLlama data show accelerating stablecoin supply growth on Avalanche, Stellar, and XRP Ledger over the past week, signaling strengthening onchain liquidity and payment/DeFi activity across these networks. Such inflows can improve transaction volumes and ecosystem revenue capture, supporting near-term risk appetite in the affected L1/L2 tokens. In contrast, Plasma's stablecoin supply contraction suggests relative demand weakness on that chain.
Impact level
● Medium
Affected assets
AVAX/USDT+0.28%
AI Insight · AVAX/USDTAI Insight
▲ Bullish
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Avalanche, Stellar and Ripple's XRP Ledger posted the strongest gains in stablecoin supply among major networks over the past week, according to DefiLlama. AVAX-linked stablecoin supply rose 5.73%, Stellar increased 6.89%, and XRPL climbed 12.54%. Over the same period, Plasma's XPL saw its stablecoin supply shrink by about 18.27%.