# @RyanSAdams: ETH Q2 report shows stablecoin dominance with $137B on L1

Source: https://x.com/RyanSAdams/status/1944824244602315239
Kiwi News: https://news.kiwistand.com/stories/RyanSAdams-ETH-Q2-report-shows-stablecoin-dominance-with-dollar137B-on-L1?index=0x68754ae3f2f8b93fa8db4efc9fb9d7d51087777d0a1fd48f6eb1a2cf519147d8ae795339
Submitted by pedrovilela.eth on 2025-07-14 UTC, 1 upvote, 0 comments

The ETH Report for Q2 just dropped and its bullish.

10 Insights 👇

1) Stablecoin Dominance

Stablecoin supply on L1 hit $137B —51% of stablecoins and growing.

BUILD (Blackrock): +56%
PYUSD (PayPal): +19%

@fundstrat calls this cryptos ChatGPT movement. 

All on Ethereum.