coin-img-LIGHTERLIGHTER+7.35%coin-img-ETHETH+2.13%coin-img-BTCBTC+1.69%coin-img-UCNUCN+0.68%coin-img-SOLSOL+2.75%coin-img-XRPXRP+2.48%coin-img-USDCUSDC-0.06%coin-img-PEPEPEPE+36.78%coin-img-LIGHTERLIGHTER+7.35%coin-img-ETHETH+2.13%coin-img-BTCBTC+1.69%coin-img-UCNUCN+0.68%coin-img-SOLSOL+2.75%coin-img-XRPXRP+2.48%coin-img-USDCUSDC-0.06%coin-img-PEPEPEPE+36.78%coin-img-LIGHTERLIGHTER+7.35%coin-img-ETHETH+2.13%coin-img-BTCBTC+1.69%coin-img-UCNUCN+0.68%coin-img-SOLSOL+2.75%coin-img-XRPXRP+2.48%coin-img-USDCUSDC-0.06%coin-img-PEPEPEPE+36.78%coin-img-LIGHTERLIGHTER+7.35%coin-img-ETHETH+2.13%coin-img-BTCBTC+1.69%coin-img-UCNUCN+0.68%coin-img-SOLSOL+2.75%coin-img-XRPXRP+2.48%coin-img-USDCUSDC-0.06%coin-img-PEPEPEPE+36.78%
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Alexander Zdravkov

Ethereum Stablecoin Activity Nears 590,000 Daily Addresses, Reshaping Onchain Liquidity

Stablecoin usage on Ethereum has climbed near 590,000 daily active ERC-20 addresses, approaching or marginally surpassing past record highs. This elevated and persistent activity, which far exceeds levels seen during the 2020–2021 bull cycle and the 2022 deleveraging phase, indicates that stablecoins are now embedded in Ethereum’s core infrastructure and helping maintain flexible, mobile liquidity on-chain.
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