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In April, the transaction volume of stablecoins on the Ethereum chain reached $908 billion, a record high

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2025-05-16 06:26:22
According to Techinasia, in April 2025, the transaction volume of stablecoins on the Ethereum chain hit a record high of $908 billion, highlighting the growing popularity of its application in the financial sector. In this growth trend, USDC stands out, with transaction volume exceeding $500 billion in the past six months. Other stablecoins, such as DAI and USDS, are also showing active trading trends, indicating that the stablecoin market is showing a trend of diversification.
Enterprise giants such as Meta and Stripe are also currently exploring or launching stablecoin-based payment solutions. Despite the competition, Ethereum remains the blockchain platform of choice for stablecoin applications, driven by continued growth in transaction volumes and strong corporate interest.
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