Ethereum Just Processed $8 Trillion in Stablecoin Transfers—In One Quarter

[johnblockbuster]

Stablecoin transfer volume on Ethereum surpassed $8 trillion in Q4 2025, setting a new all-time high, according to Token Terminal. That figure is nearly double the roughly $4 trillion recorded just two quarters earlier, underscoring how quickly on-chain payment activity is accelerating.

The surge coincided with strong growth in stablecoin issuance on Ethereum, which expanded by approximately 43% in 2025, rising from $127 billion to $181 billion by year’s end. Observers noted that this growth reflects real usage rather than speculation, with global payment flows increasingly settling directly on blockchain infrastructure.

[ed]

8 trillion sounds fake until u realize stablecoins are just quietly doing real work now