Stablecoin transfer volume on the Ethereum network reached a record $8 trillion in Q4 2025. — Many experts believe that Ethereum is the biggest beneficiary of the U.S. GENIUS stablecoin law, as the majority of stablecoins are issued and settled on the Ethereum blockchain. Regulatory clarity could further strengthen Ethereum’s dominance in stablecoin infrastructure, boosting network activity, fee generation, and long-term demand for ETH.

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