Ethereum Shatters Records: $521K Per User Monthly Stablecoin Transfer Volume Cements Dominance
Ethereum isn't just leading the stablecoin race—it's lapping the competition with user volumes that would make traditional finance blush.
The Network Effect in Action
While other chains scramble for adoption, Ethereum's infrastructure continues attracting serious capital movement. Each user moves half-a-million dollars monthly—numbers that underscore institutional-grade activity happening nowhere else.
Infrastructure Wins Every Time
Developers built where liquidity lived, and liquidity followed where developers built. This virtuous cycle creates transfer volumes that leave alternatives playing catch-up with fractions of the throughput.
Traditional finance still thinks 'blockchain' means Bitcoin price speculation—meanwhile, real financial engineering moves $521,000 per user monthly right under their spreadsheets.
Stablecoin Chain Ranking by Monthly Transfer Per Holder
Notably, Avalanche has expanded its stablecoin ecosystem lately in collaborations with institutional players. Visa recently announced adding Avalanche to its stablecoin settlement network, with Wyoming testing America’s first state-issued stablecoin, WYST, on the blockchain.
Other chains in the top five by monthly transfer volume per holder include Optimism at $82,000, Tron network at $71,000, and Aptos at $56,000. Meanwhile, the list featured other notable networks such as Solana, BNB, and the XRP Ledger, where users transferred an average of $41,000, $36,000, and $26,000, respectively, per holder.
