8-9-2025 – The total market capitalization of stablecoins on the Ethereum blockchain has reached a record $165 billion, marking a significant milestone in the cryptocurrency sector. This surge, highlighted by data from Token Terminal, reflects the increasing reliance on stablecoins as a bridge between traditional finance and digital assets.
Stablecoins, which are pegged to fiat currencies like the U.S. dollar, provide stability amid crypto volatility and facilitate transactions, lending, and decentralized finance (DeFi) activities. Ethereum remains the dominant platform for these assets, hosting major issuers such as Tether (USDT) and USD Coin (USDC), which together account for a substantial portion of the supply. The growth comes amid broader market recovery and heightened institutional interest in blockchain technology.
