The total market value of Mantle's stablecoin ecosystem rose by 22.85% on the 7th to US$653.51 million.

According to Lookonchain, capital inflows into Mantle have increased significantly over the past seven days, with the total market capitalization of the stablecoin increasing by 22.85% to $653.51 million. Furthermore, Mantle has been added to the strategic ETH reserve, contributing 101,867 ETH (approximately $388 million). Meanwhile, the price of the Mantle token (MNT) has risen nearly 25% today.