#数字资产市场洞察 An interesting point: Ethereum has long surpassed the definition of a smart contracts platform and is now more like a settlement hub for global dollar liquidity.

The data speaks for itself. According to industry analysis, the amount of stablecoin transfers processed daily on the Ethereum mainnet is between $90 billion and $100 billion, mainly driven by the flows of the two major stablecoins, USDT and USDC. Although other public chains are also growing, the settlement demands of large funds still prefer Ethereum—there's a reason for that.

In simple terms, users are willing to pay transaction fees, and the core issue is trust. The settlement certainty and credibility of Ethereum are evident, and stablecoins need such infrastructure to achieve real liquidity. Conversely, it is precisely because of stablecoins like USDT and USDC that blockchain has truly generated practical use, rather than just being a technical concept.

This mutually beneficial relationship determines that Ethereum's position in crypto finance is unlikely to be shaken in the short term.