In April, Ethereum On-Chain Stablecoin Transaction Volume Hits Record High of $908 Billion
According to Techinasia, Ethereum’s on-chain stablecoin transaction volume reached a record high of $908 billion in April 2025, highlighting the growing adoption of stablecoins in the financial sector. Among them, USDC stood out, with over $500 billion in transaction volume over the past six months. Other stablecoins, such as DAI and USDS, also showed strong trading activity, indicating a trend toward diversification in the stablecoin market.
Major companies like Meta and Stripe are also exploring or launching stablecoin-based payment solutions. Despite rising competition, Ethereum remains the preferred blockchain platform for stablecoin applications, driven by sustained transaction growth and strong enterprise interest.
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