According to online reports, according to Techinasia, in April 2025, the trading volume of stablecoin on the Ethereum chain reached a record high of US$908 billion, demonstrating its growing popularity in the financial field. In this growth trend, USDC has stood out, with transaction volume exceeding US$500 billion in the past six months. Other stablecoins, such as DAI and USDS, also showed active trading trends, indicating that the stablecoin market is showing a diversified development trend. Enterprise giants such as Meta and Stripe are also currently exploring or launching stablecoin-based payment solutions. Despite competition, Ethereum remains the preferred blockchain platform for stablecoin applications driven by continued growth in transaction volume and strong corporate interest.