Svmuu News: Tom Wan, Head of Data at Entropy Advisors and former analyst at 21.co, posted on X that the total market capitalization of stablecoins on the Robinhood Chain has surpassed $200 million. He noted that Ethena is the key driver behind this growth. Data shows that Ethena currently holds $50 million in USDG on the Robinhood Chain, as well as $50 million in USDG in the Ethena × Steakhouse USDG treasury, for a total under management of nearly $100 million—representing approximately 50% of the total USDG supply on the Robinhood Chain.