Ethereum Solidifies Its Stablecoin Stronghold
In a major boost to its position in the crypto ecosystem, Ethereum has seen $84.9 billion in stablecoin growth over the past 12 months, according to new data from Artemis. This impressive figure reaffirms Ethereum’s dominance as the go-to network for stablecoins like USDT, USDC, and DAI.
Stablecoins, which are pegged to fiat currencies, are widely used for trading, lending, and cross-border payments. Ethereum’s smart contract infrastructure and strong developer community have made it the most reliable base layer for these assets, outpacing competing chains like Solana, BNB Chain, and Tron.
The steady increase in stablecoin inflows also points to Ethereum’s growing role as the foundation for decentralized finance (DeFi) and on-chain settlements.
Why Ethereum Remains the Preferred Choice
Despite rising competition from faster and cheaper Layer 1 and Layer 2 chains, Ethereum continues to attract the lion’s share of stablecoin value. This is partly due to its established ecosystem, trusted security model, and deep liquidity pools across major DeFi platforms.
Protocols such as Aave, MakerDAO, and Curve rely heavily on Ethereum-based stablecoins for lending and liquidity provision. With $84.9B added in just a year, it’s clear that institutions, developers, and retail users alike are choosing Ethereum for serious on-chain financial activity.
Moreover, the rise of Ethereum Layer 2 solutions like Arbitrum and Optimism is making stablecoin transfers even cheaper and faster—further driving adoption without compromising on Ethereum’s security.
UPDATE: Ethereum leads stablecoin growth with $84.9B added over the past 12 months, per Artemis. pic.twitter.com/WuAh1xVsVD
— Cointelegraph (@Cointelegraph) November 10, 2025
What This Means for the Future of Crypto Finance
Ethereum’s stablecoin growth isn’t just a number—it’s a signal. As traditional finance begins to explore blockchain-based solutions, Ethereum stands out as a stable, well-supported, and increasingly scalable infrastructure.
This $84.9 billion increase reflects a vote of confidence from the market. Whether for trading, savings, or decentralized apps, stablecoins on Ethereum are becoming the backbone of web3 financial services.
As more users enter the crypto space and seek dollar-pegged stability, Ethereum is well-positioned to remain the central hub for these transactions.