Ethereum has become the settlement layer for global dollar liquidity, processing approximately $90 billion to $10 billion in stablecoin transfers daily.

CoinVoice has recently learned that Leon Waidmann posted on the X platform stating that Ethereum is not only a smart contract platform but has also become the settlement layer for global dollar liquidity. The Ethereum mainnet processes approximately $90 billion to $10 billion in stablecoin transfers daily, primarily for payments, financial management, and settlements using USDT and USDC, representing real on-chain value flows rather than DeFi loops or incentive mining. Leon Waidmann pointed out that despite the growth of other blockchains, 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 create utility for blockchains, while Ethereum provides reliability for stablecoins. [Original link]