Nov. 12，According to ConsenSys' Web 3 Q3 2021 report released this week, Ether's vast Web 3.0 ecosystem -- which includes most of DeFi, stablecoin, NFT and the blockchain gaming world -- continues to expand and attract users, with 3.4 million Ether addresses interacting with the DeFi protocol. -continues to expand and attract users, with 3.4 million Ether addresses interacting with the DeFi protocol. As Tether faces increasing regulatory pressure and the supply of stablecoins on ethereum becomes more diverse, USDC and BUSD have grabbed some of USDT's market share, according to the report. DeFi borrowing grew significantly, reaching an all-time high on Sept. 6 with about $24.7 billion in outstanding debt, according to the report. According to ConsenSys, among the top five smart contract platforms TVL, Ether still holds a majority share of 77%, followed by Binance and Solana with 10% and 5% respectively.
