以太坊仍然是稳定活动的首选区块链

该块的数据和见解通讯显示，以太坊继续是Stablecoin活动的首选区块链。

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.

根据Dune Analytics的数据，预计Stablecoin生态系统将在2024年显着扩大，总供应量从1380亿美元增加到2250亿美元。

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

Stablecoin月度转移量也从2024年2月的1.9万亿美元增加到2025年2月的4.1万亿美元。

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.

数据表明，稳定币的数量保持了令人印象深刻的动力，在过去的四个月中，每月平均每月约8000亿美元。转移稳定币的主动地址也稳步飙升，一周内达到了60万个地址。

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，占2月份的7400亿美元的总量为7400亿美元。

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

Dune强调，两种稳定菌的集中度都反映出市场对既定的Stablecoin选项的偏爱，并具有很强的往绩记录。

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，该公司指出，生态系统还目睹了新的Stablecoins的出现，例如PUSD和FXS，它们的总计220亿美元。

“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.”

“稳定剂倾向于在基础设施是正确的和廉价的交易的地方流动，并且在用例中要求它们。

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.

数据表明，稳定的稳定量已经保持动力，在过去的四个月中平均每月约8000亿美元。转移稳定币的主动地址也稳步飙升，一周内达到了60万个地址。

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，占2月份的7400亿美元的总量为7400亿美元。

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.

根据Dune的说法，这两种稳定菌的集中度都反映了市场对具有良好往绩记录的已建立的Stablecoin期权的偏爱。另一方面，生态系统还目睹了新的Stablecoins的出现，例如PUSD和FXS，它们的综合数量为220亿美元。

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.

该块的数据和见解通讯显示，以太坊继续是稳定活动的首选区块链。数据表明，以太坊托管了350亿美元的USDC和670亿美元的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.

该公司认为，尽管替代区块链扩散，ETH的主导地位强调了其作为稳定交易的主要结算层的作用。

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).

随着美国透露，该法案将提出一项旨在为发行人建立清晰的框架和标准，因此，稳定的空间也正在获得监管清晰度。这家分析公司指出，该法案可以进一步使总部位于美国的主要Stablecoin提供商合法化，包括Circle（USDC）和PayPal（Pyusd）。