Ethereum’s Epic Run: $1B Stablecoin Surge Daily Throughout Last Week

Ethereum just pulled off a staggering stablecoin rally—adding a billion dollars worth nearly every single day last week. That's serious momentum.

The Scale-Up

We're talking consistent, massive inflows hitting the network day after day. Not some sporadic spike—sustained institutional-grade movement that signals deeper market confidence.

Why It Matters

Stablecoins aren't just sitting idle. They're fuel for DeFi, trading, and liquidity. This kind of volume suggests real usage, not just speculative holding.

Behind the Numbers

Think leverage, think hedging, think capital repositioning. Traders and funds aren't moving that kind of stablecoin volume for fun—it's calculated, strategic, and bullish for ETH's utility narrative.

One cynical take? Wall Street probably still thinks stablecoins are just 'internet dollars' while missing the entire point—permissionless, global, and unstoppable finance. Their loss.

Bottom line: When this much stablecoin volume flows in, something's brewing. And it usually isn't quiet.

Stablecoin supply on Ethereum surges. Source: Token Terminal

Stablecoins are not the only financial instruments tokenized on Ethereum, as the network has also seen an all-time high in the amount of tokenized gold. 

There is currently around $2.4 billion worth of tokenized Gold on Ethereum, according to Token Terminal. 

The tokenized gold supply has doubled year-to-date and is currently at an all-time high, it reported on Saturday. 

RWA.zyx reports that Ethereum has a 77% market dominance for tokenized commodities, and an even higher 97% share when the layer-2 Polygon network is included. 

Ethereum also has more than 70% market share of tokenized US Treasurys, which is the second largest asset to MOVE onto the blockchain behind private credit. 

Tokenized gold on Ethereum is also at an all-time high Source: Token Terminal

Ethereum’s RWA tokenization advantage 

This RWA tokenization narrative has driven Ether (ETH $4,295) prices over 200% since April to an all-time high just below $5,000 on Aug. 24. 

It has also been bolstered by the rapid accumulation of Ether by treasury corporations, which have scooped up almost 4% of the entire supply in just five months. 

Ethereum educator Anthony Sassano said over the weekend that this is due to “credible neutrality,” which is fundamental to Ethereum. 

The only way mass adoption of this technology happens is through actual, credibly neutral, and permissionless systems that are not owned by anyone and are not affiliated with any single entity.

New funds tokenized on Ethereum 

Global financial institutions are also racing to tokenize their products, with many choosing Ethereum.

“Fidelity, the third largest asset manager in the world, launched a tokenized US Treasurys fund on Ethereum,” said Sassano on Monday. 

The Fidelity Digital Interest Token (FDIT) appears to have launched onchain on Sept. 1 and currently has $203.6 million in total asset value, according to RWA.xyz.