Arbitrum's on-chain stablecoin circulation increased by approximately $100 million in a single day.

The circulating supply of Arbitrum's on-chain stablecoin reached $3.835 billion on November 14, an increase of approximately $102 million from $3.734 billion the previous day, and a cumulative increase of approximately $218 million over the past 7 days. Currently, Arbitrum's stablecoin size ranks after Ethereum, Tron, Solana, BSC, and Hyperliquid L1 among various public blockchains.