TechFlow news, November 3 — According to The Block data, stablecoin transaction volume on Ethereum reached $2.82 trillion in October 2025, a record high and a 45% increase month-on-month. Circle's USDC led with $1.62 trillion, followed by USDT at $895.5 billion, while MakerDAO's DAI ranked third with $136 billion.
Analysts noted that during the crypto market correction (Bitcoin down 11.5% for the month, Ethereum down 16.4%), traders actively sought yield opportunities and managed liquidity to prepare for buying assets at lower prices. As a result, stablecoin issuers have become the primary revenue source among crypto protocols, accounting for 65%-70% of daily total income.
Add to Favorites
Share to Social Media
