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Ethereum Becomes Global Settlement Layer for USD Liquidity, Processing Approximately $90-100 Billion Stablecoin Transfers Daily
Summary: According to reports, Leon Waidmann stated on the X platform that Ethereum has evolved from a smart contract platform to a global settlement layer for USD liquidity. The Ethereum mainnet processes approximately $90-100 billion in stablecoin transfers daily, primarily involving USDT and USDC for payments, financial management, and settlements. These transfers represent real value flow ...
According to reports, Leon Waidmann stated on the X platform that Ethereum has evolved from a smart contract platform to a global settlement layer for USD liquidity. The Ethereum mainnet processes approximately $90-100 billion in stablecoin transfers daily, primarily involving USDT and USDC for payments, financial management, and settlements. These transfers represent real value flow on-chain, not DeFi cycling or yield farming. Waidmann noted that despite growth in other blockchains, large funds still choose Ethereum mainnet for settlements. Users pay fees for the settlement's certainty and credibility. Stablecoins provide utility to blockchains, while Ethereum ensures their reliability.
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Link: Ethereum Becomes Global Settlement Layer for USD Liquidity, Processing Approximately $90-100 Billion Stablecoin Transfers Daily [Copy]
