以太坊（ETH）在2025年4月的鍊鍊球菌交易中創下了創紀錄的9008億美元

美元硬幣（USDC）領導了這一增長，在過去六個月中，交易量超過5000億美元。

Ethereum hit a record US$908 billion in on-chain stablecoin transactions in April 2025, data from The Block shows.

該街區的數據顯示，以太坊在2025年4月進行了創紀錄的9008億美元的鍊鍊球菌交易。

This volume underscores the growing adoption of stablecoins in finance, with USD Coin (USDC) leading the charge. Transaction volumes for USDC exceeded US$500 billion over the past six months.

該卷強調了穩定幣在金融中日益增長的採用，而美元硬幣（USDC）領導了這一指控。在過去的六個月中，USDC的交易量超過5000億美元。

Other major stablecoins, including DAI and USDS, also displayed significant activity, highlighting a diversification in the stablecoin market.

包括Dai和USD在內的其他主要Stablecoins也表現出了重要的活動，突出了Stablecoin市場的多元化。

As reported by The Block, corporate players like Meta and Stripe are now exploring or launching stablecoin-based payment solutions.

據該街區報導，諸如Meta和Stripe之類的公司參與者現在正在探索或啟動基於Stablecoin的支付解決方案。

Despite this competition, Ethereum remains the top blockchain for stablecoin use, driven by rising volumes and corporate interest.

儘管有這場競爭，但以太坊仍然是穩定使用的最高區塊鏈，這是由於數量上升和企業利益的驅動而推動的。

This marks a significant transformation for stablecoins, which began primarily as trading vehicles in 2015 with Tether.

這標誌著Stablecoins的重大轉變，該轉變主要是在2015年與Tether一起作為交易車輛開始的。

However, they have since evolved into essential financial infrastructure with transaction volumes that surpassed $5.5 trillion in 2024, exceeding even Visa and Mastercard's combined volumes 1.

但是，此後，它們已演變為基本的金融基礎設施，交易量在2024年超過5.5萬億美元，甚至超過了Visa和Mastercard的合併量1。

This represents remarkable growth, with average stablecoin supply increasing approximately 28% year-over-year and total transfer volume reaching $27.6 trillion in 2024 2.

這代表了顯著的增長，平均穩定量供應量同比增長約28％，總轉移量達到2024年27.6萬億美元。

Weekend transaction volumes for stablecoins significantly exceed weekday volumes, indicating their growing importance beyond traditional banking hours and use cases 3.

穩定幣的周末交易量大大超過了工作日的數量，表明它們在傳統的銀行時間和用例3中的重要性日益增長。

The surge in USDC volume on Ethereum cited in the original article is part of this larger transformation, as stablecoins evolve from crypto-specific tools to mainstream financial instruments with applications in cross-border payments, remittances, and everyday transactions.

原始文章中引用的以太坊的USDC數量激增是這種較大轉型的一部分，因為Stablecoins從特定於加密特定的工具到主流金融工具，並在跨境支付，匯款和日常交易中應用。

This record volume for Ethereum comes amid fierce competition between blockchains to capture the lucrative stablecoin market.

在區塊鏈之間激烈的競爭以捕捉利潤豐厚的穩定市場，以太坊的創紀錄量出現。

As of September 2024, Ethereum held the largest share of stablecoins with $84.6 billion (49.1% market share), followed by Tron with $59.8 billion (34.8%), with these two networks alone covering 83.9% of the total stablecoin supply 4.

截至2024年9月，以太坊佔有最大的Stablecoins份額，其846億美元（49.1％的市場份額），其次是TRON，其占598億美元（34.8％），僅這兩個網絡佔總Stablecoin Supply 4的83.9％。

Nonetheless, newer networks are rapidly gaining ground, with Coinbase's Base experiencing growth of 1,941.5% in stablecoin supply in 2024, reaching a market share of 2.1% 4.

儘管如此，較新的網絡正在迅速發展，Coinbase的基礎在2024年的Stablecoin供應量增長了1,941.5％，市場份額達到2.1％4。

Base even briefly outperformed all other chains in stablecoin transaction volume on October 26, 2024, capturing 30.06% of the total market 5.

Base甚至在2024年10月26日的Stablecoin交易量中短暫地優於所有其他連鎖店，佔總市場5的30.06％。

This competitive landscape explains why Ethereum's continued dominance in stablecoin transactions is particularly noteworthy, as it maintains its leadership position despite substantial challenges from alternative networks.

這種競爭性格局解釋了為什麼以太坊在Stablecoin交易中持續統治的原因尤其值得注意，因為儘管替代網絡面臨著重大挑戰，但仍保持其領導地位。

The surge in Ethereum stablecoin volume coincides with accelerating institutional involvement that extends far beyond Meta and Stripe's recent announcements.

以太坊穩定量的激增與加速的機構參與相吻合，遠遠超出了元和Stripe的最近公告。

Major financial institutions, including Standard Chartered and PayPal, have entered the stablecoin market, signaling growing mainstream acceptance 2.

包括標準特許和PayPal在內的主要金融機構進入了Stablecoin市場，這標誌著越來越多的主流接受度2。

Stablecoin issuers have become significant holders of U.S. Treasury securities, demonstrating their increasing integration with traditional finance and providing additional legitimacy to the sector 6.

Stablecoin發行人已成為美國國庫券的重要持有人，證明了它們與傳統金融的融合不斷增加，並為該部門提供了更多合法性。

Monthly stablecoin transfers on Ethereum alone increased dramatically from $1.9 trillion in February 2024 to $4.1 trillion in February 2025, reflecting both institutional and retail adoption 7.

單獨對以太坊的每月轉章轉移從2024年2月的1.9萬億美元增加到2025年2月的4.1萬億美元，反映了機構和零售的收養7。

The appeal for these institutions lies in stablecoins' ability to facilitate international money transfers in seconds at lower costs, particularly for cross-border payments and remittances, where traditional banking systems remain slow and expensive 8.

這些機構的吸引力在於，穩定的能力以較低的成本以較低的成本促進國際貨幣轉移，尤其是對於跨境支付和匯款，傳統的銀行系統保持緩慢且昂貴8。

The increasing regulatory clarity around stablecoins, with the U.S. government advancing legislation to provide clearer guidelines for issuers, has further accelerated institutional comfort with these digital assets 7.

隨著美國政府的立法為發行人提供更明確的準則，穩定的法規清晰度越來越明確，這進一步加快了這些數字資產7的機構舒適度。