- Ethereum strikes more than 200,000 unique addresses using Stablecoins, marking an evolution towards a sustained utility
- The stablecoins become essential to the Ethereum ecosystem, causing liquidity and shaping the future cross -border finance
Something is moving on the maintheum maint – not visible through the titles, but in the data.
More than 200,000 unique addresses on Ethereum (ETH) now have stablescoins, and this number has just reached a top of all time. It is a subtle signal, but which says a lot about the place where smart money is heading … and what he wants with crypto.
A Stablecoin level record on Ethereum
Stablecoin’s activity on Ethereum has entered a new phase – less flashy than the previous but much more supported bull functions.
Since mid-2023, daily active addresses interacting with Stablecoins have increased regularly, reaching a summit of more than 200,000 at the end of March 2025.
On the one hand, it is a significant part of the Active user base of Ethereum, where real participation is much smaller than the total number of addresses suggests.
Source: intotheblock
The USDT has become the dominant stablecoin, while the USDC and the DAI continue to progress regularly. Once considered mainly as trading tools, Stablecoins have now become essential for transactions, value storage and interactions in Ethereum ecosystem.
This change reflects the growth of a mature digital economy focused on public services increasingly anchored by stable digital currencies.
Why stablecoins cement their role in Ethereum
The adoption of stablescoin on Ethereum accelerates, driven by its robust infrastructure and its role as a program of programmable money. The advanced features of Ethereum, including intelligent contracts and DEFI applications, have solidified its position as the main blockchain for stable digital assets.
Beyond their design, the stablecoins are increasingly attractive on the volatile cryptographic markets. Users count on them as a reserve of secure value and a reliable means of exchange.
Between the mid-2023 and March 2025, the daily activity of a stablecoin address increased significantly, signaling generalized adoption. The USDT remains the most used stablecoin, followed by the USDC and the DAI.
Meanwhile, the new Stablecoin projects continue to explore innovative models that emphasize decentralization, transparency and utility.
What it means for Ethereum and beyond
The increase in the activity of stablescoin on Ethereum signals has increased market liquidity through the DEFI and centralized platforms. This growth supports faster and more effective transactions and unlocks new opportunities in cross -border finance.
However, the expansion has led to an increased regulatory examination, focusing on the transparency of reserves, AML compliance and taxation.
While Ethereum can continue to lead, competition from blockchains like Solana and the base intensifies.
Whether thanks to multichain growth or deeper Ethereum integration, stablecoins have become the backbone of chain finance, which is no longer a secondary characteristic.
