10 addresses control more than 60% of the total supply of stablecoin GHO
The decentralized finance company Avara (formerly known as Aave) has reached its target of $0.98 for its stablecoin GHO. Currently, there are 980 addresses holding GHO, with the top 10 addresses controlling 61.01% of the total supply. In addition, the top 100 holders of GHO stablecoin collectively own 99.47% of the circulating supply. As of December 2, 2023, GHO is ranked as the 26th fiat-backed stablecoin by market capitalization.
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