📊 Major Progress in the Stablecoin Economy

New data from Token Terminal highlights a major milestone: stablecoin issuers generated nearly $5 billion in revenue during 2025, powered by operational infrastructure largely built on the Ethereum network.

These numbers show that Ethereum has evolved beyond a simple settlement or transfer layer. It now functions as a core financial foundation, enabling stablecoin issuers to earn real revenue through:

Liquidity management

Reserve deployment and investment

Fee generation

On-chain DeFi activity

Importantly, the expansion of stablecoin supply on Ethereum has moved in tandem with rising quarterly revenues, pointing to a clear link between increased usage and issuer profitability.

This trend reinforces Ethereum’s role as the central backbone of the stablecoin ecosystem, emphasizing that long-term value is created at the infrastructure level—where liquidity lives—rather than solely in the stablecoin assets themselves.

#Stablecoins #Ethereum #DeFi #CryptoEconomy #BlockchainInfrastructure