Gnosis Chain Strengthens Position in Non-USD Stablecoin Market
Gnosis Chain has increased its stablecoin supply per active address, maintaining its leading position in non-USD stablecoin distribution.
**Key Developments:**
- Growth in circulating supply of existing stablecoins including USDC.e, EURe, and BRLA
- ZCHF contributing to overall transaction volume
- Higher stablecoin supply per active address compared to other chains
The network continues positioning itself as a settlement layer for diverse currency stablecoins, supporting its goal of bringing various forms of money onchain beyond USD-denominated assets.