Monad has surpassed Ethereum in 24-hour stablecoin supply changes, recording a net movement of $3.8 billion, according to Coinomedia. This development marks a notable shift in liquidity dynamics, as Ethereum has traditionally dominated this metric. The increase in stablecoin activity on Monad is attributed to its high throughput, low transaction fees, and expanding DeFi ecosystem. This shift could indicate a redistribution of on-chain liquidity and user focus, potentially impacting Ethereum's competitive position in the blockchain sector.