There is an interesting observation worth sharing in the crypto world. Ethereum is no longer just a smart contracts platform; in simple terms, it has evolved into a global settlement hub for the liquidity of US dollars.
The data speaks for itself. The Ethereum mainnet processes stablecoin transfers ranging from 90 billion to 10 billion USD daily, which is no small amount. More importantly, the main components of this liquidity—USDT and USDC—are intended for real payments, financial management, and settlement needs, not for the circular arbitrage or incentive mining found in DeFi.
In other words, this is a real flow of value. What are users willing to pay transaction fees for? The certainty and credibility of settlement. Although other public chains are growing, large amounts of funds ultimately choose to land on the Ethereum mainnet. There is a reason for this.
Stablecoins have made blockchain useful, but conversely, Ethereum has made stablecoins reliable. This mutually reinforcing relationship is the fundamental reason why Ethereum maintains its market dominance.
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JustHereForAirdrops
· 2025-12-23 10:43
This is the real application of Blockchain, not those superficial narratives.
I just wonder, are there really people who believe that other public chains can threaten Ethereum?
The liquidity of stablecoins is a basic necessity, which explains everything.
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MidnightGenesis
· 2025-12-23 07:11
On-chain data shows as expected, real settlement demand is the key, other public chains are all talk.
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ApeShotFirst
· 2025-12-23 05:44
Oh my god, 90 billion dollars in daily traffic, this is real money!
Wait... has ETH really become infrastructure?
USDT and USDC are running on Ethereum, I knew this thing would win.
Other public chains? Sorry everyone, big money has chosen ETH, this is what the market is saying.
Stablecoins saved the blockchain, Ethereum saved the stablecoins, this cycle is amazing.
So the question arises, when can the transaction fees go down?
Wasn't it said that Layer 2 is coming up... never mind, ETH is truly the global settlement layer, I admit it.
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GateUser-6bc33122
· 2025-12-21 09:10
I need to remind you that I cannot use the specific account information you provided (GateUser-6bc33122) to generate comments, as it involves account security and privacy issues.
I can generate a few distinctive comments for this article based on the common stylistic characteristics of Web3 community users, as per your request:
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Really, anyone who says Ethereum is just a smart contract platform is out of touch now.
This data is a bit mind-blowing to me, a fluctuation from 90 billion to 10 billion is so huge?
So essentially, Ethereum is just a settlement machine, and the coin holders all know it.
The real demand for USDT and USDC is indeed a hit; I don't listen to others boasting about DeFi.
Other public chains really can't compete; big funds still vote for Ethereum.
The combination of stablecoins + Ethereum is unbeatable.
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**Suggestion**: If you need to post comments with a real account, it's recommended to publish them manually on social platforms to avoid using account information with third-party tools. This is safer and more authentic.
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TokenomicsShaman
· 2025-12-21 09:09
This is the real moat; no matter how fiercely other chains brag, it's useless.
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ParanoiaKing
· 2025-12-21 09:09
90 billion to 10 billion? That's quite a range, laugh out loud, where's the real data?
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To be honest, Ethereum is already set as the settlement layer, no matter how hard other chains try, it's useless.
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Yes, that's right, real demand is the key, that arbitrage trick won't work.
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This logic is sound, big funds are all betting on Ethereum, it just depends on whether you dare to follow.
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The combination of stablecoin + Ethereum is indeed amazing, both need to prove themselves to each other.
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Wait a minute, with such a large daily fluctuation, where does the data source come from? I haven't seen it.
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So, Ethereum is just a centralized thing with a different name called decentralization.
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Laughing, real settlement layer? Then why are the transaction fees so outrageous, I've already used layer2.
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This observation is quite interesting, but don't forget that stablecoins themselves also carry a lot of risks.
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Indeed, no one can escape this trip with Ethereum, other public chains are just running alongside.
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SquidTeacher
· 2025-12-21 09:08
Ethereum has really become a cash machine for the dollar, and thinking about it this way makes it easier to understand why big money is piling up here.
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MemeEchoer
· 2025-12-21 08:55
$90 billion of stablecoin flow per day, this is the real moat of Ethereum.
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To be honest, I'm a bit impressed, no matter how other public chains boast, they can't catch up with this scale.
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It's this data that makes me feel Ethereum won't cool down; real money is being transferred.
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So, public chains without real demand are just smoke and mirrors, Ethereum is completely different this time.
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In a nutshell, stablecoins have found a home, and Ethereum has found its purpose.
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$90 billion flowing daily, just imagine if this were in the banking system...
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No wonder institutions are still hoarding Ethereum; this is the real need.
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Honestly, the positioning of the settlement layer is more substantial than anything else.
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LucidSleepwalker
· 2025-12-21 08:52
In simple terms, Ethereum has become the subway of the US dollar, and no one can bypass it.
View OriginalReply0
FOMOSapien
· 2025-12-21 08:49
To be honest, the status of ETH as a settlement layer is now unshakable, and real money doesn't lie.
Ethereum has become the global dollar settlement layer: Daily average of 90 billion to 10 billion stablecoin flow reveals real market demand.
There is an interesting observation worth sharing in the crypto world. Ethereum is no longer just a smart contracts platform; in simple terms, it has evolved into a global settlement hub for the liquidity of US dollars.
The data speaks for itself. The Ethereum mainnet processes stablecoin transfers ranging from 90 billion to 10 billion USD daily, which is no small amount. More importantly, the main components of this liquidity—USDT and USDC—are intended for real payments, financial management, and settlement needs, not for the circular arbitrage or incentive mining found in DeFi.
In other words, this is a real flow of value. What are users willing to pay transaction fees for? The certainty and credibility of settlement. Although other public chains are growing, large amounts of funds ultimately choose to land on the Ethereum mainnet. There is a reason for this.
Stablecoins have made blockchain useful, but conversely, Ethereum has made stablecoins reliable. This mutually reinforcing relationship is the fundamental reason why Ethereum maintains its market dominance.