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Ethereum Stablecoin Volume Hits Record $908B in April

  • Ethereum's stablecoin volume hit a record $908 billion in April, with USDC leading with over $500 billion in transaction volume.
  • Other key contributors included DAI and USDS, reflecting a growing diversity in the stablecoin market.
  • The spike highlights Ethereum’s increasing role as a settlement layer for digital finance, with stablecoins becoming essential tools for liquidity, payments, and yield strategies.
  • The trend over the past 12 months shows Ethereum's dominance in stablecoin activity, with USDC leading the way, positioning Ethereum as the hub for decentralized finance and institutional-grade digital assets.

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