RT Token Terminal 📊 (@tokenterminal)🏦⛓️ Not all DeFi ecosystems are created equal.@ethereum's onchain lending & borrowing ecosystem is currently ~10× larger than the closest competitor.A chart to follow 👇 https://t.co/ylL7ALErC9 ...

Core Insights - The report from Visa and Allium indicates a significant increase in global onchain lending, with monthly volumes reaching $51.7 billion [1] - Since 2020, over $670 billion in stablecoin loans have been originated, highlighting the growth of the digital credit economy [1] Industry Summary - The digital credit economy is experiencing robust growth, as evidenced by the surge in onchain lending volumes [1] - The data suggests a strong trend towards the adoption of stablecoins in lending practices, reflecting a shift in financial behaviors [1]