Ethereum Stablecoin Transfers Hit a Record of $8T in the Fourth Quarter

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

The $8 trillion milestone nearly doubles the transaction volume figure of over $4 trillion for the second quarter, according to Token Terminal's chart.

Stablecoin Ethereum will increase by about 43% in 2025 from $127 billion in 2025 to $181 billion by the end of the year, according to BlockWorks.

“This is not speculation. This is global payments happening on the chain,” commented “BMNR Bullz” on X. “This is before SWIFT-style integrations, full RWA tokenization and institutional rails go live.

“The rail is already built. Adoption is coming,” he said.

Ethereum transactions and addresses are at a high level

The event was tied to an all-time high in total daily transactions on the Ethereum network, which reached 2.23 million at the end of December, according to Etherscan. Ethereum daily transactions are currently up 48% from the same period last year.

According to Token Terminal, Ethereum active monthly addresses hit a record high of 10.4 million in December.

Related: Ethereum Adds $1B Stable Coin Almost Every Day Last Week

Daily unique addresses acting as senders or receivers on the network increased, reaching over one million by the end of December.

Ethereum has been the king for RWA tokenization

The Ethereum network remains the main settlement layer for stablecoins and real-world asset tokens, with a market share of 65% of the total RWA on-chain value, which is around $19 billion, according to RWA.xyz.

When Layer-2 and EVM networks are included, that market share increases to over 70%.

Ethereum currently has a market share of 57% of all stablecoins released, with the Tron network in second place with a 27% share.

Tether (USDT) remains the market leader at $187 billion compared to 60% of the total stablecoin market, and more than half of that is on Ethereum.

Magazine: Kane Warwick loses $50K ETH bet, Bitmin's ‘1000x' stake plan: Hodler's Digest