Ethereum’s Stablecoin Surge: A $84.9 Billion Milestone Signals Web3 Financial Power

Ethereum has seen a remarkable $84.9 billion growth in stablecoin values over the past year, according to new data from Artemis. This achievement highlights Ethereum’s dominance as the leading network for these assets like USDT, USDC, and DAI. Stablecoins, pegged to fiat currencies, are widely used for trading, lending, and cross-border payments. Ethereum’s robust smart contract infrastructure and strong developer community have cemented its role as the secure foundation for stablecoin adoption. This has outpaced competing chains such as Solana, BNB Chain, and Tron.