以太坊仍然是穩定活動的首選區塊鏈

該塊的數據和見解通訊顯示，以太坊繼續是Stablecoin活動的首選區塊鏈。

The stablecoin ecosystem is expected to experience significant expansion in 2024, with total supply increasing by 63% from $138 billion to $225 billion, according to Dune Analytics.

根據Dune Analytics的數據，預計Stablecoin生態系統將在2024年顯著擴大，總供應量從1380億美元增加到2250億美元。

Stablecoin monthly transfer volume also rose from $1.9 trillion in February 2024 to $4.1 trillion in February 2025.

Stablecoin月度轉移量也從2024年2月的1.9萬億美元增加到2025年2月的4.1萬億美元。

The data indicated that the volume of stablecoins has maintained impressive momentum, averaging roughly $800 billion monthly over the past four months. Active addresses transferring stablecoins also surged steadily, reaching 600,000 addresses in a week.

數據表明，穩定幣的數量保持了令人印象深刻的動力，在過去的四個月中，每月平均每月約8000億美元。轉移穩定幣的主動地址也穩步飆升，一周內達到了60萬個地址。

USDC and USDT were the most dominant stablecoins, accounting for $740 billion of February’s $850 billion total volume.

USDC和USDT是最主要的Stablecoins，佔2月份的7400億美元的總量為7400億美元。

Dune highlighted that the concentration of both stablecoins reflected the market’s preference for established stablecoin options with strong track records.

Dune強調，兩種穩定菌的集中度都反映出市場對既定的Stablecoin選項的偏愛，並具有很強的往績記錄。

On the other hand, the firm noted that the ecosystem was also witnessing the emergence of new stablecoins, such as PUSD and FXS, which secured a combined volume of $22 billion.

另一方面，該公司指出，生態系統還目睹了新的Stablecoins的出現，例如PUSD和FXS，它們的總計220億美元。

“Stablecoins tend to flow where the infrastructure is right–fast and cheap transactions –and where the use cases demand them. On Solana, we clearly see this with memecoins, where traders need liquidity and instant settlement, making stablecoins an essential part of the ecosystem.”

“穩定劑傾向於在基礎設施是正確的和廉價的交易的地方流動，並且在用例中要求它們。

Andrew Hong, Head of Research at Ethena Labs.

Ethena Labs研究主管Andrew Hong。

The data showed that the volume of stablecoins has maintained momentum, averaging roughly $800 billion monthly over the past four months. Active addresses transferring stablecoins also surged steadily, reaching 600,000 addresses in a week.

數據表明，穩定的穩定量已經保持動力，在過去的四個月中平均每月約8000億美元。轉移穩定幣的主動地址也穩步飆升，一周內達到了60萬個地址。

USDC and USDT were the most dominant stablecoins, accounting for $740 billion of February’s $850 billion total volume.

USDC和USDT是最主要的Stablecoins，佔2月份的7400億美元的總量為7400億美元。

According to Dune, the concentration of both stablecoins reflected the market’s preference for established stablecoin options with strong track records. On the other hand, the ecosystem was also witnessing the emergence of new stablecoins, such as PUSD and FXS, which secured a combined volume of $22 billion.

根據Dune的說法，這兩種穩定菌的集中度都反映了市場對具有良好往績記錄的已建立的Stablecoin期權的偏愛。另一方面，生態系統還目睹了新的Stablecoins的出現，例如PUSD和FXS，它們的綜合數量為220億美元。

The Block’s Data and Insights newsletter revealed that Ethereum continued to be the preferred blockchain for stablecoin activity. The data indicated that Ethereum hosted $35 billion in USDC and $67 billion in USDT.

該塊的數據和見解通訊顯示，以太坊繼續是穩定活動的首選區塊鏈。數據表明，以太坊託管了350億美元的USDC和670億美元的USDT。

The firm argued that ETH’s dominance highlighted its role as the primary settlement layer for stablecoins transactions despite the proliferation of alternative blockchains.

該公司認為，儘管替代區塊鏈擴散，ETH的主導地位強調了其作為穩定交易的主要結算層的作用。

The stablecoin space is also gaining regulatory clarity as the U.S revealed it will advance a stablecoin bill aimed at establishing clear frameworks and standards for issuers. The analytic firm noted that the bill could further legitimize major U.S.-based stablecoin providers, including Circle (USDC) and PayPal (PYUSD).

隨著美國透露，該法案將提出一項旨在為發行人建立清晰的框架和標準，因此，穩定的空間也正在獲得監管清晰度。這家分析公司指出，該法案可以進一步使總部位於美國的主要Stablecoin提供商合法化，包括Circle（USDC）和PayPal（Pyusd）。