Ethereum Stablecoin Transfers Hit Record $8 Trillion in Q4, Solidify Network Dominance

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Source: DefiPlanet Original Title: Ethereum Stablecoin Transfers Hit Record $8 Trillion in Q4, Solidify Network Dominance Original Link:

Key Highlights

  • Ethereum stablecoin transfers reached $8 trillion in Q4 2025, nearly double Q2’s $4 trillion.
  • Daily transactions peaked at 2.23 million, with monthly active addresses hitting 10.4 million, an all-time high.
  • Stablecoin issuance grew 43% to $181 billion, powering a 57% market share led by USDT.

Record Stablecoin Volume on Ethereum

Ethereum stablecoin transfer volume soared to a record $8 trillion in the fourth quarter of 2025, nearly doubling the prior quarter’s figure and underscoring the network’s pivotal role in global on-chain payments. This milestone was achieved amid all-time highs in daily transactions at 2.23 million and monthly active addresses reaching 10.4 million. The surge reflects robust adoption for settlements, DeFi activity, and real-world asset tokenization, outpacing traditional systems like Visa in quarterly settlement value.

Stablecoin issuance on Ethereum climbed 43% throughout 2025, expanding from $127 billion to $181 billion by year-end. USDT dominates with over half its $187 billion supply on Ethereum, securing 57% of total stablecoin market share ahead of Tron’s 27%. Unique daily active addresses as senders or receivers topped 1 million in late December, up 48% year-over-year, signalling sustained real-world utility beyond speculation.

Ethereum Transactions and Addresses Peak Amid RWA Leadership

Ethereum’s network metrics peaked alongside the stablecoin boom, with 2.23 million daily transactions in late December—48% above last year’s levels. Monthly active addresses reached a record 10.4 million, while unique sender/receiver addresses exceeded 1 million daily. The network commands 65% of on-chain RWA value at $19 billion, rising to 70% including Layer-2 and EVM chains, positioning Ethereum as the prime settlement layer for tokenized assets like U.S. Treasuries.

This dominance persists despite competition, with Solana’s RWA value hitting $873 million in December, far behind Ethereum’s $12.3 billion, highlighting Ethereum’s institutional edge entering 2026. Recent upgrades enhanced scalability and validator efficiency, supporting the volume spike. Observers note this reflects “global payments happening on-chain” ahead of major integrations like full RWA tokenization and institutional settlement rails.

ETH-0.12%
DEFI8.87%
TRX-0.8%
SOL3.19%
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BlockTalkvip
· 17h ago
8 trillion? ETH stablecoins are really taking off this time, doubling in Q4 is quite impressive.
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GateUser-6bc33122vip
· 01-08 08:47
8 trillion... This number is really shocking. Ethereum stablecoin dominance is a bit terrifying. --- Q4 doubling, why does it feel like the market is疯狂 betting on Ethereum? --- Daily trading volume exceeds 2.23 million... I just want to know where this money ultimately flows. --- With such high stablecoin volume, can it really indicate Ethereum's strength, or is it just exchanges trading back and forth? --- 8T, my friend. If this really continues, what does it mean for the entire ecosystem? --- Gotta admit, Ethereum has completely crushed other blockchains in the stablecoin space. --- Doubling sounds great, but I'm more concerned about the authenticity of the liquidity. --- Wait, does this data include Layer 2 volumes? Feels a bit fishy.
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GasFeeWhisperervip
· 01-05 23:52
8 trillion? That number is really shocking, but I just want to ask, how much of this money is actually washing coins haha --- ETH stablecoins hit a new record, it seems Ethereum has truly stabilized, but the gas fees should come down, right? --- 230,000 transactions per day... a bit outrageous, are these all real applications or just bots having fun? --- Q4 doubled in growth, sounds great, but is the liquidity behind it real? Or is it another wave of hot money speculation? --- Stablecoin transfers hit a record, I just want to know when we can also set a "record" for gas fees, keep pushing lower --- Good outlook, but compared to the daily settlement volume of the banking system, our scale is still climbing --- Again, both a record and stablecoins, are the retail investors about to jump in... but speaking of which, ETH is indeed eating up market share
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DAOplomacyvip
· 01-05 23:52
$8T in Q4... yeah, arguably the throughput metrics look impressive on surface, but the game theoretical implications of this concentration deserve more scrutiny, ngl. historically precedent suggests these kinds of peaks often mask some pretty sub-optimal incentive structures underneath. stakeholder alignment around stablecoin rails remains non-trivial imo
Reply0
HashRateHermitvip
· 01-05 23:50
Damn... 8 trillion? That number sounds a bit outrageous, is it real? Q4 doubling growth, is ETH about to take off? The stablecoin traffic is so intense, it really shows everyone is playing on the chain. Wait, 2.3 million transactions per day? Feels like the data might be inflated... ETH stablecoins are so crazy, what’s Bitcoin doing? Haha This is what the mainnet should look like, other L1s just watch.
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SchrodingerGasvip
· 01-05 23:46
8 trillion? That number is outrageous. It must subtract the double counting from arbitrage bots. On-chain data looks impressive, but is there really that much actual demand? Without a deep understanding of game theory, it's easy to be fooled by such indicators. Q4 doubled, but did gas fees go up? That’s the real metric to test market efficiency. Stablecoin transfers surged... Looking at transaction counts alone is meaningless; we need to consider the proportion of interaction costs. Holding an L2 snapshot and looking forward to the testnet airdrop, I now dare not go on the mainnet. The gas wars are truly intense.
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YieldWhisperervip
· 01-05 23:41
8 trillion? That number is a bit outrageous, ETH really took off --- Q4 doubled in growth, why does it feel like stablecoins are the true kings --- 230,000 transactions per day... the traffic must be terrifying, small coins simply can't handle it --- Wait, could this be the prelude to the next bull market --- Where are the promised Ethereum gas fees? Can this scale be sustained --- Stablecoins are the true protagonists of DeFi, all dApps can't do without them --- 8 trillion, my friend, does anyone dare to say Bitcoin is dominant --- This growth rate... is a bit too crazy, sustainability is worrying --- No wonder major institutions are building on Ethereum, data doesn't lie
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LiquiditySurfervip
· 01-05 23:24
8 trillion? Wow, this liquidity depth has really broken through. ETH's market-making strategy is incredible.
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