USDT trading volume on Ethereum has hit a new all-time high of $27.6 billion in the past seven days, signaling a surge in liquidity and activity within the ecosystem. This explosive growth is attributed to increased institutional investment and the resurgence of the DeFi (decentralized finance) space, bolstered by Ethereum’s post-Dencun upgrade which reduced transaction fees. 📊 This milestone comes amidst broader market trends where stablecoins like USDT are defying expectations in their rapid growth trajectory. 📈 Stablecoin dominance underscores Ethereum’s position as a key player in the DeFi landscape, positioning it to lead the next wave of altseason gains.