From August 3 to 9, Robinhood Chain set a new record with 11.6 million daily transactions, marking a 30% increase from the previous week. The total value locked (TVL) surged by 32% to reach $473 million. Additionally, the number of daily active addresses rose by 3.3%. The primary catalyst for this growth was the stablecoin USDe, whose volume skyrocketed from $17 million to $253 million in a month, capturing 43% of the stablecoin supply on the network and displacing the previously dominant USDG.
CryptoStablecoin
Daily Transactions on Robinhood Chain Reach Record 11.6 Million
Robinhood Chain achieved a record 11.6 million daily transactions, driven by the rapid growth of the USDe stablecoin.
Mercation Admin
August 12, 2026 1 min read