X @Ethereum

RT Francesco Andreoli ᵍᵐ (@francescoswiss)Stablecoins on Ethereum L1 + L2s have now crossed $171B in circulation ATH- Ethereum mainnet alone holds $152.8B (+78% YoY). It remains the undisputed hub of stablecoin liquidity.- L2s combined account for $18B+, with Arbitrum ($8.8B) and Base ($3.9B) leading the charge.- Growth on L2s is accelerating: Arbitrum up +92% YoY, Mantle up +172%, and Base setting records as the fastest-growing L2 by stablecoin supply.Credits @OnchainHQ and @LeonWaidmann for this! ...