Ethereum stablecoin trading activity hits new highs, with weekly average unique senders exceeding 1 million

Over the past 12 months, the number of unique stablecoin senders on Ethereum has grown exponentially. From January 2020 to July 2024, the number averaged approximately 400,000 per week. Starting in August 2024, the average weekly increase exceeded 1.7%, reaching new highs. In 2025, the number of unique stablecoin senders on Ethereum averaged 720,000 per week, and in the past two weeks alone, the weekly average has exceeded 1 million.