In April, the trading volume of stablecoins on the Ethereum chain reached a record high of 908 billion US dollars According to Techinasia, in April 2025, the trading volume of stablecoins on the Ethereum chain reached a historic high of $908 billion. In this growth trend, USDC performed outstandingly, with trading volume exceeding $500 billion in the past six months. Other stablecoins, such as DAI and USDS, also show active trading trends, indicating that the stablecoin market is showing a trend of diversified development.