PANews reported on May 16 that according to Techinasia, in April 2025, the transaction volume of stablecoins on the Ethereum chain hit a record high of US$908 billion, demonstrating that its application in the financial field is becoming increasingly popular. In this growth trend, USDC has performed outstandingly, with a transaction volume of more than US$500 billion in the past six months. Other stablecoins, such as DAI and USDS, also showed active trading trends, indicating that the stablecoin market is showing a diversified development trend.

Enterprise giants such as Meta and Stripe are also currently exploring or launching stablecoin-based payment solutions. Despite facing competition, Ethereum remains the preferred blockchain platform for stablecoin applications, driven by continued growth in transaction volume and strong corporate interest.