Ethereum News Today: GENIUS Act Sparks $4 Billion Stablecoin Surge in 7 Days
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最新报道：Ethereum's total stablecoin supply surged by $4 billion in just seven days following a strategic move by an unknown entity dubbed "Genius." The individual or group deposited 19,700 ETH (worth $39 million) into MakerDAO, minting $39 million in DAI stablecoin. This triggered a chain reaction as the newly minted DAI was used to purchase USDC and USDT, boosting overall stablecoin liquidity on Ethereum. The rapid expansion marks the largest weekly stablecoin growth since March 2023, with total supply now reaching $73 billion. Analysts suggest this could signal renewed institutional interest in Ethereum's DeFi ecosystem ahead of potential ETF approvals.
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