Stablecoin issuers generated approximately $5 billion in revenue through deployments on Ethereum in 2025, according to Token Terminal. The platform highlights that financial product issuers can leverage Ethereum to expand distribution, reduce costs, and reach a broader investor base. Ethereum offers cheaper, more transparent, liquid, and composable products compared to traditional off-chain financial products, providing significant advantages.
Stablecoin Issuers Generate $5 Billion on Ethereum in 2025
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