{"id":402688,"date":"2025-08-22T11:02:30","date_gmt":"2025-08-22T05:32:30","guid":{"rendered":"https:\/\/dripp.zone\/news\/stablecoin-supply-on-linea-hits-all-time-high-amid-airdrop-speculation-crypto-news\/"},"modified":"2025-08-22T11:17:27","modified_gmt":"2025-08-22T05:47:27","slug":"stablecoin-supply-on-linea-hits-all-time-high-amid-airdrop-speculation-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/stablecoin-supply-on-linea-hits-all-time-high-amid-airdrop-speculation-crypto-news\/","title":{"rendered":"Stablecoin Supply on Linea Hits All-time High amid Airdrop Speculation – Crypto News"},"content":{"rendered":"

<\/p>\n

The total supply of stablecoins issued on Linea jumped by over $50 million in two weeks as the network gears up for its native token launch.<\/p>\n

\n

The stablecoin<\/a> supply on Consensys-backed Linea<\/a>, an Ethereum Layer 2 network, reached a new all-time high at $74.5 million last week as the network prepares for its token launch and airdrop<\/a>.<\/p>\n

Stablecoins on Linea<\/figcaption><\/figure>\n

According to DefiLlama data<\/a>, USDC makes up over 75% of the market at $56 million. The increase comes alongside higher trading activity on Linea-based decentralized exchange Etherex<\/a>, the largest protocol on Linea with over $150 million in total value locked (TVL).<\/p>\n

\"Linea
Linea DEX Volume<\/figcaption><\/figure>\n

Daily DEX volumes also climbed<\/a> to about $100 million during the stablecoin inflows, but fell back to an average of $10 million since then.<\/p>\n

Linea now ranks 34th among blockchains by stablecoin supply, placing ahead of StarkNet, Algorand, and Tezos, but still behind Blast, Polkadot, and Hedera.<\/p>\n

Behind the Numbers<\/h2>\n

The growth comes as MetaMask, also backed by Consensys, prepares to launch a dollar-pegged stablecoin \u2014 called mUSD \u2014 on Ethereum and Linea, with support from Stripe\u2019s Bridge for payment infrastructure.<\/p>\n

Earlier in August, Linea revealed details<\/a> of its tokenomics. The network set the total supply at 72 billion LINEA tokens, with 9% allocated to early users through an airdrop fully unlocked at token generation.<\/p>\n

Around 22% of the supply is scheduled to circulate at launch. Consensys holds 15% of tokens under a five-year lock-up. A share of transaction fees will be directed toward token buybacks and burns, while a portion of ETH fees will also be removed from circulation.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The total supply of stablecoins issued on Linea jumped by over $50 million in two weeks as the network gears up for its native token launch. The stablecoin supply on Consensys-backed Linea, an Ethereum Layer 2 network, reached a new all-time high at $74.5 million last week as the network prepares for its token launch […]<\/p>\n","protected":false},"author":2,"featured_media":402691,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[274,273,272,244,266,271,268,270,269,267],"class_list":["post-402688","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-de-fi","tag-crypto-finance","tag-decentralized-finance","tag-liquidity","tag-metamask","tag-pancake","tag-slippage","tag-sushiswap","tag-tronlink","tag-trust-wallet","tag-uniswap"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/402688","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=402688"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/402688\/revisions"}],"predecessor-version":[{"id":402693,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/402688\/revisions\/402693"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/402691"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=402688"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=402688"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=402688"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}