USDC usage on the Ethereum network hits an all-time high, with monthly transaction volume reaching $748.3 billion

ChainCatcher news, 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 about 300% from the low in January 2024.

In July 2025, the monthly transfer amount of USDC on Ethereum reached $748.3 billion, with the number of transfers hitting 8.3 million, and the transaction scale approaching that of large banking systems.