币界网报道:Ethereum stablecoin transactions have reached a record high, surpassing 750,000 unique weekly senders across major stablecoins like USDT, USDC, BUSD, and DAI. This growth signals a shift from speculative interest to utility-driven adoption, with institutional and retail usage steadily increasing through 2024. USDT leads with $73 billion in Ethereum supply, followed by USDC at $41 billion, together dominating the $134 billion stablecoin market on the network. Emerging competitors hold $20 billion, indicating room for new entrants. Issuers are intensifying competition through lower fees, yield opportunities, and incentives, potentially driving innovation and cost benefits for users. The trend underscores stablecoins' growing role in digital commerce as traditional finance increasingly adopts crypto-based payment infrastructure.