Ethereum powers $8T in stablecoin transfers in Q4, smashing record

Ethereum processed $8 trillion in stablecoin transfers during Q4, nearly double Q2’s volume, while active addresses and daily transactions peaked.

Stablecoin transfer volume on Ethereum surpassed $8 trillion in the fourth quarter of 2025, marking a new all-time high, reported Token Terminal on Monday.

The $8 trillion milestone is almost double the transfer volume figure for the second quarter, which was just over $4 trillion, according to the chart.

Stablecoin issuance on Ethereum increased by around 43% in 2025 from $127 billion to $181 billion by year’s end, according to BlockWorks.  

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