According to @milesdeutscher, multiple corporate chains are launching, including Stable and Plasma by Tether/Bitfinex, Arc by Circle, Tempo backed by Stripe/Paradigm, and Robinhood L2 by Robinhood; this expands blockspace supply, per the post, and raises competitive pressure questions for Ethereum’s scaling stack, source: @milesdeutscher (X, Aug 13, 2025). The post states there is no blockspace shortage anymore and explicitly questions whether this threatens the $ETH/L2 moat, which is a key sentiment driver for ETH and L2 tokens, source: @milesdeutscher (X, Aug 13, 2025). Trading takeaway: monitor relative performance of $ETH versus major L2 tokens, plus L2 fee revenue, sequencer activity, and TVL migration, as corporate blockspace narratives can shift demand between Ethereum rollups and new corporate networks, based on the launches noted by the source: @milesdeutscher (X, Aug 13, 2025). Headline risk is elevated for Ethereum-scaling assets if corporate chains attract users or stablecoin flows, so watch liquidity and spreads around related tickers during announcements, with this risk framing derived from the source’s list of new corporate networks: @milesdeutscher (X, Aug 13, 2025).