Data: The trading volume of stablecoins on the Ethereum chain reached $908 billion in April, setting a new historical high

ChainCatcher news, according to Techinasia, in April 2025, the trading volume of stablecoins on the Ethereum chain reached a historic high of $908 billion, highlighting its increasing application in the financial sector. In this growth trend, USDC has stood out, with a trading volume exceeding $500 billion in the past six months. Other stablecoins, such as DAI and USDS, have also shown active trading activity, indicating a trend of diversification in the stablecoin market.

Corporate giants like Meta and Stripe are currently exploring or launching stablecoin-based payment solutions. Despite facing competition, Ethereum remains the preferred blockchain platform for stablecoin applications, driven by the continuous growth in trading volume and strong corporate interest.