Ethereum has become the settlement layer for global USD liquidity, processing approximately 90 billion to 100 billion USD stablecoin transfers daily.

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According to Mars Finance, Leon Waidmann stated on the X platform that Ethereum is not only a smart contracts platform but has also become the settlement layer for global dollar liquidity. The Ethereum Mainnet processes approximately 90 billion to 100 billion USD in stablecoin transfers daily, mainly for payments, financial management, and settlements using USDT and USDC. These transfers represent on-chain real value flow, rather than DeFi cycles or incentivized mining. Leon Waidmann pointed out that despite other blockchains rising, large amounts of capital still choose to settle on the Ethereum Mainnet. Users pay transaction fees because they value its settlement certainty and credibility. Stablecoins give utility to the blockchain, while Ethereum provides reliability to stablecoins.

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