DeFi Update: USDC Lead, ETH Staking & Ether.fi Move

Summary

The Upside community received a DeFi update highlighting key developments in the ecosystem. This update notes that USDC has the highest distribution among stablecoins, the Ethereum Foundation has begun staking its ETH holdings, and Ether.fi is migrating its liquid restaking protocol to OP Mainnet. These points signal important shifts in stablecoin usage, Ethereum staking activity, and Layer 2 scaling solutions.

DeFi+L1L2 Update:

๐ŸŒ USDC shows highest distribution among stablecoins
๐Ÿ” Ethereum Foundation started staking its #ETH holdings
โ›“๏ธ Ether.fi is migrating its liquid restaking protocol to OP Mainnet

Full details ๐Ÿ‘‡
https://crypto.com/market-updates/defi-l1l2-weekly-2026-02-25?utm_source=x&utm_medium=social&utm_campaign=rni_defi-l1l2

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defi usdc ethereum staking ether.fi op mainnet liquid restaking l1 l2 crypto news

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