ExchangeDEX+
Buy CryptoMarketsSpotFuturesGOLDEarnEvent Center
More
ICP Zero-Fee Gala
PANews reported on June 26 that according to The Block, the number of active independent users of Ethereum-based stablecoins exceeded 750,000 per week, a record high. Among them, USDT andPANews reported on June 26 that according to The Block, the number of active independent users of Ethereum-based stablecoins exceeded 750,000 per week, a record high. Among them, USDT and

The number of weekly active users of Ethereum-based stablecoins exceeded 750,000, setting a new record

Author: PANewsSource: PANews
2025/06/26 07:58
1 min read
Blockstreet
BLOCK$0.008618+0.99%

PANews reported on June 26 that according to The Block, the number of active independent users of Ethereum-based stablecoins exceeded 750,000 per week, a record high. Among them, USDT and USDC dominated, with circulation on Ethereum reaching 73 billion and 41 billion US dollars respectively, accounting for 85% of the total 134 billion US dollar stablecoin market on the entire network.

Market analysis points out that the use of stablecoins has shifted from speculative demand to practical application drive. As traditional financial institutions accelerate their layout, stablecoins are becoming the core infrastructure of digital business. The current competitive landscape presents two major characteristics: while the leading stablecoins maintain their advantages, new projects still have the opportunity to compete for a market space of about US$20 billion. Industry observers predict that in the future, issuers will compete for users by reducing fees and providing profit opportunities. This competitive situation will promote product innovation and reduce end-user costs. This trend also reflects that the digital dollar and encrypted financial services are accelerating in popularity.

Market Opportunity
Blockstreet Logo
Blockstreet Price(BLOCK)
$0.008618
$0.008618$0.008618
+1.05%
USD
Blockstreet (BLOCK) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

XERO Price Crash: Shares Sink 16% to Three-Year Low

XERO Price Crash: Shares Sink 16% to Three-Year Low

Xero Ltd shares trade near $80.82 as of writing, down almost 16% on the session and hovering near their lowest levels since early 2023. Early trading briefly pushed
Share
Coinstats2026/02/04 16:55
YwinCap View On Whether The Gold Market Is In A Bubble

YwinCap View On Whether The Gold Market Is In A Bubble

Singapore (PinionNewswire) — In early 2026, a central question for investors and traders alike is whether the dramatic rise in gold prices represents a speculative
Share
Blocktelegraph2026/02/04 17:12
Foreigner’s Lou Gramm Revisits The Band’s Classic ‘4’ Album, Now Reissued

Foreigner’s Lou Gramm Revisits The Band’s Classic ‘4’ Album, Now Reissued

The post Foreigner’s Lou Gramm Revisits The Band’s Classic ‘4’ Album, Now Reissued appeared on BitcoinEthereumNews.com. American-based rock band Foreigner performs onstage at the Rosemont Horizon, Rosemont, Illinois, November 8, 1981. Pictured are, from left, Mick Jones, on guitar, and vocalist Lou Gramm. (Photo by Paul Natkin/Getty Images) Getty Images Singer Lou Gramm has a vivid memory of recording the ballad “Waiting for a Girl Like You” at New York City’s Electric Lady Studio for his band Foreigner more than 40 years ago. Gramm was adding his vocals for the track in the control room on the other side of the glass when he noticed a beautiful woman walking through the door. “She sits on the sofa in front of the board,” he says. “She looked at me while I was singing. And every now and then, she had a little smile on her face. I’m not sure what that was, but it was driving me crazy. “And at the end of the song, when I’m singing the ad-libs and stuff like that, she gets up,” he continues. “She gives me a little smile and walks out of the room. And when the song ended, I would look up every now and then to see where Mick [Jones] and Mutt [Lange] were, and they were pushing buttons and turning knobs. They were not aware that she was even in the room. So when the song ended, I said, ‘Guys, who was that woman who walked in? She was beautiful.’ And they looked at each other, and they went, ‘What are you talking about? We didn’t see anything.’ But you know what? I think they put her up to it. Doesn’t that sound more like them?” “Waiting for a Girl Like You” became a massive hit in 1981 for Foreigner off their album 4, which peaked at number one on the Billboard chart for 10 weeks and…
Share
BitcoinEthereumNews2025/09/18 01:26