Ethereum Stablecoin Transaction Volume Reaches Record Level in October! Here's Why

Stablecoin transaction volume on the Ethereum network reached an all-time high of $2.82 trillion in ￰0￱ increase was primarily driven by investors seeking yield opportunities during the crypto market's ￰1￱ Transaction Volume on the Ethereum Network Reaches Record $2.8 Trillion in October In October, stablecoin volume on Ethereum surpassed the previous record of $1.94 trillion (September 2025), increasing by 45% month-over-month. Circle's USDC led the way in volume, with $1.62 trillion in ￰2￱ (USDT) came in second with $895.5 billion. MakerDAO's DAI stablecoin came in third with $136 billion in ￰3￱ Research analyst Min Jung noted that interest in the stablecoin sector has surged following Circle's IPO and the passage of the Genius ￰4￱ farming, particularly around “liquid yield tokens,” has become extremely active, Jung ￰5￱ a time when Bitcoin and Ethereum lost 11.5% of their market value and 16.4%, investors were observed using stablecoins as a liquidity management and yield ￰6￱ Research CIO Vincent Liu stated that investors were holding their capital in stablecoins to allocate it to new opportunities during this ￰7￱ to experts, this record increase in stablecoin transaction volume indicates that the sector is maturing and is no longer just speculative but expanding into real use cases such as payments and cross-border transactions. *This is not investment ￰8￱ Reading: Ethereum Stablecoin Transaction Volume Reaches Record Level in October!

Here's Why