Stablecoin transfer volume on Ethereum exceeded $8 trillion within the fourth quarter of 2025, marking a brand new all-time high, Token Terminal reported on Monday.
The $8 trillion milestone is sort of double the transfer volume within the second quarter, which was just over $4 trillion, in accordance with the chart.
According to BlockWorks, stablecoin issuance on Ethereum increased by around 43% in 2025, from $127 billion to $181 billion at the tip of the 12 months.
“This isn’t speculation. These are global payments happening on-chain,” commented “BMNR Bullz” on “The tracks are already built. Adoption is catching up,” they added.
Stablecoin volume on Ethereum surged within the fourth quarter. Source: Token Terminal
Ethereum transactions and addresses peak
According to Etherscan, this milestone coincided with an all-time high in the overall variety of every day transactions on the Ethereum (ETH) network, which reached 2.23 million at the tip of December. Daily Ethereum transactions are currently up 48% in comparison with the identical period last 12 months.
Token Terminal reports that Ethereum monthly lively addresses reached an all-time high of 10.4 million in December.
Monthly lively addresses peaked in December. Source: Token Terminal
There was also a rise within the every day variety of unique addresses lively on the network as senders or receivers, exceeding a million at the tip of December.
Ethereum stays the king of RWA tokenization
The Ethereum network stays the first settlement layer for stablecoins and real-world asset tokenization, with a market share of around 65% of the overall RWA on-chain value, which is roughly $19 billion, in accordance with RWA.xyz.
This market dominance rises to over 70% when Layer 2 and EVM networks are included.
Ethereum currently has a 57% market share of all stablecoins issued, with the Tron network in second place with a 27% share.
Tether (USDT) stays the issuance leader with $187 billion, accounting for 60% of the overall stablecoin market, and Ethereum accounts for greater than half of that.
