Ethereum stablecoin supply hits record high, reaching $166 billion
Source: Binance
Time: 2025-09-15 14:15:03
According to BlockBeats, on September 15, the total on-chain stablecoin supply on Ethereum reached an all-time high of $166 billion, up from $149 billion a month ago, consolidating its position as a DeFi settlement infrastructure. Among them, USDT supply was US$87.8 billion and USDC was US$48 billion.
Kronos Research chief investment officer said the all-time high of Ethereum stablecoin supply marked its transition from speculative assets to the backbone of dollarization in the DeFi ecosystem, indicating that Ethereum liquidity is strong enough to absorb market volatility and support the market during a macroeconomic downturn.