The supply of Stablecoins on the Ethereum Network establishes new records and marks milestones that have not been seen in nearly three years.
This phenomenon recorded this month He points out that the network has $132,000 million in circulation.integrating its relevance in the digital ecosystem.
Behind this rise is a combination of economic, technical and regulatory factors. A panorama that invites you to closely observe the impact on Ethereum And the cryptocurrency market in general.
Record breaking the silence of a 3 year old
The previous historic roof of Ethereum’s stubcoin was behind in 2022. Stablecoins supply was $125,000 millionas seen in the next device token graph.
Within this sector, capitalisation of the Stablecoins market is also growing. In 2022, total capital reached $180 million in April.
That period, which was extended over two years, left a wound on the cryptocurrency ecosystem. However, current data tells a different story.
In one Global capitalization of 2340 million stubcoins In the dollar, Ethereum’s record shows a turning point.
This metric is a market thermometer. The increase in offers reflects reliability and entry into capital, which could be transferred to cryptoactive prices.
In this regard, 2025 appears to be a one-year transition. The numbers show that there are signs that show signs of growing interest in digital assets.
Stablecoins designed to maintain parity with coins such as dollars, They serve as a bridge between traditional finance and the world of cryptocurrencypromotes trading, provides liquidity and serves as a shelter in the age of volatility.
USDT leads the game at Ethereum
Within this scenario, USDT, a stubcoin issued by Tether, remains the indisputable protagonist.
With a global market capitalization of $142,000 million, USDT It holds a 61% advantage in the sectoraccording to Defillma data.
With the Ethereum network, Its distribution reaches $650 million, equivalent to 46% of all USDTs present.. However, Tron Network has stepped on his heels and has proven to be growing competition between both networks at 45% of this Stablecoin supply.
The second most relevant stablecoin, USD Coin (USDC), also has that mark. With a total capitalization of $50 million, 71% of that supply is circulating in Ethereum.
This preference for networks created by Vitalik Buterin It emphasizes its position as a defi-equivalent epicenter (defi-) and stablecoinsdespite the boom in alternative products like Solana and Tron.
The wind of regulations agrees
Another important factor in this rise comes from the regulatory sector. In the US, management of Donald Trump has taken concrete steps to pave the way for digital assets.
On January 23, 2025, Trump signed an executive order that, in addition to investigating the potential of national cryptocurrency reserves, creates a working group to design a clear regulatory framework. As reported by Cryptootics, the initiative seeks to position the country as an industry leader.
This adds a genius bill that establishes strict requirements for stablecoins, including monthly audits and reservations being limited to US dollars and treasure letters.
“We have a very different political landscape right now,” said Brian Steele, president of the House Financial Services Committee’s Cryptocurrency Subcommittee. Next week, the committee will discuss laws that can inflict additional impulses on the sector.
Additionally, Tether’s relationship with the US government has been strengthened through figures such as Trump’s Secretary of Commerce and former Cantor Fitzgerald. The company manages a treasury of $100 million that supports USDTwhich represents 79% of the reserves of tether.
Ethereum’s Stablecoins records are not noticed. If regulations are flexible, more companies can integrate these digital currencies, increase adoption, and in some cases increase the value of the network’s native cryptocurrency, ether (ETH).
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