Ethereum Adds $5B Stablecoins in Week, Cementing $165B Lead

- Ethereum's stablecoin supply grew by $5 billion in a week, reaching $165 billion. - Ethereum leads in tokenized gold and U.S. Treasurys, driving institutional adoption. Ethereum continues to strengthen its position as the leading blockchain for stablecoins and real-world asset (RWA) tokenization, setting new records in both markets. On September 8, 2025, Cointelegraph reported that the network’s stablecoin supply surged by $5 billion in just one week, hitting an all-time high of $165 billion. This surge gives Ethereum a commanding 57% market share, solidifying its dominance over competitors like Tron (27%) and Solana (under 4%). This $5 billion weekly inflow shows an acceleration in Ethereum’s growth, as its stablecoin supply has more than doubled since January 2024. Over the past week, issuers added an average of approximately $1 billion in stablecoins to the network daily, an activity that showcases Ethereum’s sustained appeal as the primary platform for stablecoin issuers. Beyond stablecoins, Ethereum also leads the market in tokenized gold and other RWAs. The value of tokenized gold on the Ethereum blockchain has doubled year-to-date, reaching a record $2.4 billion. This gives Ethereum a 77% share of tokenized commodities globally, a figure that rises to 97% when including its layer-2 solution, Polygon. In addition, Ethereum holds over 70% market share for tokenized U.S. Treasurys, another rapidly growing segment of the RWA market. Institutional adoption is accelerating, as exemplified by Fidelity, the world’s third-largest asset manager, which recently launched a tokenized U.S. Treasurys fund on Ethereum. This initiative underscores Ethereum’s growing validation as the foremost platform for financial innovation, particularly in asset tokenization. According to CoinMarketCap, Ethereum (ETH) was trading at $4,325.64 as of September 8 at 10:09 UTC, and its 24-hour trading volume had increased by 0.63%.