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Ethereum's stablecoin volume has soared to a record $1.46 trillion, doubling from $650 billion earlier this year. DAI leads with $960 billion, reflecting strong demand for DeFi, but ranks behind USDT and USDC when adjusted for potential wash trading and high transfer frequency.

Ethereum's stablecoin volume has soared to a record $1.46 trillion, doubling from $650 billion earlier this year. DAI leads with $960 billion, reflecting strong demand for DeFi, but ranks behind USDT and USDC when adjusted for potential wash trading and high transfer frequency.
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