ETHEREUM STABLECOIN SUPPLY HITS RECORD $166B

Summary from the TLDR Crypto newsletter

Ethereum's stablecoin supply has reached an all-time high of $166 billion, up from $149 billion just a month ago, further cementing its role as DeFi's settlement backbone. USDT leads with $87.8B on Ethereum, followed by USDC at $48B, signaling increasing institutional adoption. Analysts say the record supply highlights Ethereum's growing liquidity depth, resilience to macro volatility, and potential tailwinds for ETH price appreciation.