Ethereum Powers $8t In Stablecoin Transfers In Q4, Smashing Record (2026)

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, Token Terminal reported 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 Token Terminal’s chart.

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

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

“The rails are already built. Adoption is catching up,” they added.

The milestone coincided with an all-time high in total daily transactions on the Ethereum network, which hit 2.23 million in late December, according to Etherscan. Ethereum daily transactions are currently up 48% since the same time last year.

Token Terminal reports that Ethereum active monthly addresses hit an all-time high of 10.4 million in December.

Related: Ethereum added $1B of stablecoins almost every day last week

There was also an increase in the daily number of unique addresses that were active on the network as senders or receivers, which topped a million in late December.

Source: CoinTelegraph