Ethereum’s stablecoin market capitalization fell $30.6 billion over the past year, while the combined total across networks was roughly unchanged, reflecting sharply different movements among networks.
Tron’s stablecoin market capitalization grew $16.1 billion during the period, while HyperEVM’s rose $6.3 billion.
The totals show stablecoin value recorded on each network, but do not explain what led to the differing changes.



