USDC Transfers Surge to $748 Billion on Ethereum in July: Record Levels

Ethereum has witnessed a record surge in USDC (USD Coin) transactions, reaching a staggering $748 billion in July 2025. This marks a significant milestone for stablecoin adoption and underlines the potential of blockchain-based payments and settlements. Experts attribute this growth to increased institutional investment in DeFi (decentralized finance), with stablecoins like USDC now playing a vital role in facilitating cross-border payments and transactions.