TechFlow reports, according to Growthepie data, despite market volatility, the market cap of L2 stablecoins has remained stable with slight growth. The stablecoin market cap on Arbitrum surpassed $4 billion, ranking first with a year-on-year increase of 116%. Base's stablecoin market cap exceeded $3 billion, securing the second position.
In addition, ZKsync's stablecoin market cap stands at $70 million, reflecting a yearly decline of 48.2%.





