The Robinhood Chain stablecoin saw a 155% increase in circulation over the past 7 days, representing over 90% of the Total Value Staked (TVS) on the chain.

BlockBeats News, July 8th. In the past 7 days, the scale of Robinhood's Robinhood Chain stablecoin has grown by 155% to reach $2.4697 billion. Currently, stablecoins account for 93% of the chain's total value locked (TVL) of $2.6635 billion, with the network's total locked value growing by 172% during the same period.

Data shows that out of the current $2.6635 billion assets on the Robinhood Chain, around $2.125 billion are native issuance assets, while an additional $53.1 million in assets have been transferred in through cross-chain bridges in the past week.