Ethereum stablecoin activity hits new peaks in 2025 with USDC leading value transfers

At the end of 2025, stablecoins on Ethereum saw record address activity, with around 593K daily wallets transacting and more than $314B in tokens circulating. USDT kept the largest share of transactions, while USDC, as a fully regulated asset in US and European markets, moved the highest financial value over the past 12 months. Ethereum emerged as a hub for high‑value stablecoin transfers, driven by sustained demand beyond previous market cycles.