Ethereum has become the global settlement layer for USD liquidity, processing approximately $9 billion to $10 billion in stablecoin transfers daily.

According to Odaily, Leon Waidmann posted on X stating that Ethereum is not only a smart contract platform but has also become the settlement layer for global USD liquidity. The Ethereum mainnet processes approximately $9 billion to $10 billion in stablecoin transfers daily, mainly involving USDT and USDC used for payments, financial management, and settlements. These represent real value flows on-chain, rather than DeFi loops or incentive mining. Leon Waidmann pointed out that although other blockchains are growing, large funds still choose to settle on the Ethereum mainnet. Users are willing to pay transaction fees because they value its settlement finality and credibility. Stablecoins bring utility to blockchains, while Ethereum provides reliability for stablecoins.