$55,900,000,000 in Stablecoin Issuance, Ethereum in Clear Lead Over Rival L1s
The post $55,900,000,000 in Stablecoin Issuance, Ethereum in Clear Lead Over Rival L1s appeared on BitcoinEthereumNews.com.
Key Insights: Ethereum leads all Layer 1s in stablecoin issuance for 2025. Tokenized gold on Ethereum passes the $4 billion benchmark. ETF selling pressure slows as ETH price consolidates. Ethereum (ETH) added $55.9 billion in stablecoin supply year to date, according to on-chain data shared by market analyst Joseph Young. The activity occurred in 2024 across major blockchains, led by Ethereum developers and issuers. This happened as demand for stablecoins and tokenized assets stayed strong and ETF selling pressure showed signs of slowing. Ethereum (ETH) Leads Stablecoin Growth Among Layer 1 Networks Ethereum recorded the largest year to date increase in stablecoin supply, adding $55.9 billion in net issuance. No other Layer 1 network came close to this level. Tron ranked second but with a much smaller increase, while Solana and BNB Chain followed at a distance. Several networks saw limited growth or small declines during the same period. This growth came while Ethereum already held the largest share of the stablecoin market. The network controls more than 62% of total stablecoin supply. This shows that new issuance continues to favor Ethereum (ETH) rather than shifting to newer chains. Stablecoins on Ethereum are widely used for trading, payments, and liquidity management. Ethereum (ETH) Stablecoin Outlook | Source: Joseph Young Market observers often track stablecoin issuance as a signal of network usage. When supply rises, it usually reflects higher demand for settlement and transfers. In Ethereum’s case, the scale of issuance suggests sustained activity despite broader market uncertainty. The ranking also highlights how difficult it has been for rival Layer 1s to reduce Ethereum’s lead. Other networks continue to compete on fees and speed, but stablecoin issuers appear to prioritize liquidity and integration. Ethereum supports most major stablecoin projects and connects directly with decentralized exchanges and lending platforms. These factors help…
Filed under: News - @ December 25, 2025 12:26 pm