USDC Sees All-Time High Ethereum Network Usage, Monthly Transaction Volume Reaches $748.3 Billion

BlockBeats News, August 25th, according to the latest data from Token Terminal, the usage of the USDC stablecoin on the Ethereum network has reached an all-time high, with key metrics up approximately 300% from the January 2024 low. In July 2025, the monthly transfer volume of USDC on Ethereum reached a high of $748.3 billion, with 8.3 million transfers, approaching the scale of a large-scale banking system.