Stablecoins are soaring on Ethereum! Q3 2025 recorded $3.2 trillion in stablecoin transfer volume (USDC + USDT), the highest in Ethereum’s history.
Stablecoin activity on Ethereum has been rising for years, but 2025 is different. We’re not just back to previous highs, we’re breaking past every historical ceiling. And as we see, the chart shows a clean, explosive uptrend from 2023 → 2025, with Q3 2025 eclipsing all prior quarters.
Guys, what do you think? Will stablecoin volume hit $4 trillion next quarter? Source: @blockworksres
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