Ethereum's stablecoin transfer volume is nearing $6 trillion in Q4 2025, surpassing traditional payment systems such as Visa and Mastercard in settlement value. The daily transfer volume has reached $85 billion, driven by low transaction fees and high liquidity. The network's stablecoin supply has exceeded $180 billion, with layer-2 solutions like Optimism and Arbitrum significantly contributing to handling the volume while maintaining minimal mainnet fees. Ethereum now captures 60% of global stablecoin activity, bolstered by a robust DeFi ecosystem with over $100 billion in total value locked.