Robinhood Chain Stablecoin Scale Grows 155% in 7 Days, Accounting for 93% of Total Value Locked
According to on-chain analyst Onchain Lens (@OnchainLens), the stablecoin market cap on Robinhood Chain has grown 155% over the past 7 days, reaching $246.97 million. Currently, stablecoins account for 93% of the chain's $266.35 million Total Value Locked (TVL), with the total TVL increasing 172% over the same period. Of the currently locked assets, approximately $212.50 million are natively minted assets, while another $53.85 million are assets bridged in over the past week.