Ethereum News Today: Mantle Stablecoin Inflows Jump 22.85 Weekly as ETH Reserves Expand

The Mantle ecosystem has experienced a significant surge in stablecoin inflows, recording nearly 23% growth in the last week alone. According to DeFiLlama data, the total stablecoin market capitalization on the Mantle network reached $653 million, a 22.85% increase compared to the previous week [1]. This growth appears to stem from a combination of strategic incentives, expanding ecosystem development, and increasing confidence in the platform’s long-term viability.

In addition to rising stablecoin inflows, Mantle has also bolstered its financial foundation by adding 101,867 ETH—valued at approximately $388 million—to its strategic treasury. This substantial ETH reserve not only enhances the network’s security but also signals growing economic resilience [1]. The protocol’s ability to accumulate and manage such reserves positions it as a credible and financially robust Layer 2 solution, capable of competing with other leading platforms like Base, Arbitrum, and Optimism.

The ecosystem’s strategic financial management and expanding decentralized application (dApp) landscape are drawing attention from both developers and institutional stakeholders. As the Mantle network continues to attract capital and build infrastructure, its potential to become a dominant player in the Ethereum Layer 2 space is increasing. If user activity remains strong and dApp adoption grows, Mantle could soon solidify its position among the top Layer 2 protocols [1].

The growth of Mantle’s ecosystem is occurring alongside broader developments in the crypto space. The U.S. Securities and Exchange Commission (SEC) recently issued guidance clarifying that, under certain conditions, liquid staking and the tokens representing such activities (e.g., stETH, mSOL, JitoSOL) may not be classified as securities. This guidance could facilitate the integration of staking mechanisms into Ethereum spot ETFs, potentially enabling yield generation for ETF holders and removing regulatory uncertainties around liquid staking [1].

Simultaneously, Swiss crypto bank AMINA has expanded its institutional-grade services by becoming the first regulated institution to offer SUI trading and custody. SUI, the native token of the Sui blockchain, is gaining traction as an enterprise-ready solution with low-latency capabilities. AMINA’s support for SUI underscores growing institutional acceptance of public blockchain assets and highlights the increasing convergence between traditional finance and blockchain infrastructure [1].

These developments collectively highlight a maturing crypto ecosystem, where regulatory clarity, institutional participation, and technological innovation are driving adoption. Mantle’s rapid growth in stablecoin inflows and ETH reserves, combined with broader industry trends, positions it as a key player in the evolving Layer 2 landscape.

Source: [1] CoinRank Crypto Digest (8/06)｜Mantle Ecosystem Sees Nearly 23% Weekly Growth in Stablecoin Inflows (https://coinmarketcap.com/community/articles/6893102bab637948cc1a22b8/)