2026-01-16 08:40:04

The competition in the stablecoin sector is becoming increasingly fierce. According to data tracking, the CASH stablecoin issued by Phantom Wallet has performed remarkably well—its supply volume jumped from approximately $25 million in September to nearly $100 million in just three months, an increase of about 4 times. In comparison, MetaMask's mUSD has performed much more poorly. This stablecoin briefly approached the $100 million mark in early October but then continued to decline and has now fallen to about $25 million, a drop of 75%. The stark contrast between the two products reflects a significant divergence in the adoption of stablecoins within the wallet ecosystem.

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MemeTokenGenius

· 10h ago

This round of Phantom is truly amazing, with CASH increasing fourfold, while MetaMask's mUSD plummeted by 75%. The difference is just too obvious.

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down_only_larry

· 10h ago

Phantom really got it right this time; CASH increasing fourfold is no small feat. MetaMask's mUSD has dropped to nothing; it's only been three months... Wallet ecosystems are like this—whoever can retain users wins.

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DefiPlaybook

· 10h ago

According to on-chain data, CASH's fourfold growth rate is indeed impressive, but what is the driving force behind this adoption? Is it purely wallet integration or genuine usage demand? It is worth a deeper analysis.

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SilentAlpha

· 10h ago

Phantom is really fierce this time, with CASH quadrupling and directly crushing mUSD. MetaMask had a failure this time.

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GasFeeCrybaby

· 10h ago

Phantom is really going crazy this time, mUSD was cut in half, what's MetaMask doing?

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LayerZeroEnjoyer

· 11h ago

Phantom's stablecoin game is really impressive; calling it a direct cut in mUSD by half doesn't do it justice... --- MetaMask's recent mishap was quite intense; why is mUSD performing so poorly? --- CASH quadrupling in growth? Phantom wallet ecosystem is truly top-notch. --- That's why I still trust Phantom; seeing mUSD's 75% drop is painful. --- The stablecoin race is heating up, and this trend is quite interesting. --- Phantom CASH unexpectedly surged, MetaMask lagged behind—are the gaps this big? --- Wallet ecosystem determines the fate of stablecoins? The logic might not be that simple. --- A 75% drop... mUSD needs to figure out how to turn things around. --- CASH grew from 25 million to 100 million; this growth rate is truly outrageous. --- Really curious to see how MetaMask plans to recover next.

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