According to @MilkRoadDaily, Ethereum-based stablecoin supply has reached an all-time high of $167 billion (source: X post by @MilkRoadDaily, Aug 30, 2025). The account reports $2.4 billion was added in a single day and that the supply has more than doubled since the start of 2024 (source: X post by @MilkRoadDaily, Aug 30, 2025). They state that higher stablecoin balances represent sidelined cash that could rotate into altcoins, highlighting potential liquidity for ETH ecosystem assets if deployed (source: X post by @MilkRoadDaily, Aug 30, 2025).