[USDC Usage on Ethereum Network Hits Record High, Monthly Transaction Volume Reaches $748.3 Billion] According to the latest data from Token Terminal, reported by Jinse Finance, the usage of the USDC stablecoin on the Ethereum network has reached an all-time high, with key metrics up approximately 300% from the low point in January 2024. In July 2025, the monthly transfer volume of USDC on Ethereum reached $748.3 billion, with 8.3 million transactions, bringing transaction scale close to the level of major banking systems.