Data: In 2025, stablecoins on Ethereum are expected to generate approximately $5 billion in revenue, with the supply increasing by about $50 billion.

BlockBeats News, January 25, Token Terminal released data showing that in 2025, stablecoin issuers will earn approximately $5 billion in revenue by deploying stablecoins on Ethereum. Throughout 2025, the supply of stablecoins on Ethereum will increase by about $50 billion, with the total scale exceeding $180 billion by the fourth quarter. Issuers' revenues will also grow accordingly, reaching around $1.4 billion in quarterly income in the fourth quarter.

Part of the revenue comes from the yield generated by reserve assets backing the stablecoin supply, and Ethereum has always been the largest supply carrier for most major stablecoin issuers.