DeFi· ★★★· bullish· September 18, 13:35

Stablecoins on Robinhood Chain hit $1B, USDG accounts for 67%

—Stablecoins on Robinhood Chain grew from $241 million to ~$1 billion
—USDG accounts for about 67% of supply, USDe for nearly 30%
—Robinhood Earn allows USDG to be used in lending through Morpho
—Robinhood Chain is an L2 built on Arbitrum technology, with mainnet launched in July

Why it matters: The growth of dollar liquidity on the Robinhood network strengthens its position in asset tokenization and DeFi lending.