The post Stablecoin monthly on-chain volume reaches highest level in July with over $1.5 trillion appeared on BitcoinEthereumNews.com.

Stablecoin’s monthly on-chain volume reached its highest level in July, which is a sign of a resurgence in decentralized finance activity. On-chain data analytics firm, Sentora (formerly IntoTheBlock), disclosed this in an X post. According to Sentora, the stablecoin volume for July was over $1.5 trillion, surpassing previous highs, including May 2025, when it was $1.39 trillion, and April, when it was $1.44 trillion. Based on the chart, the new high continues a positive trend in on-chain stablecoin settlement since the start of 2025. While the volume was just $950 billion at the start of the year, it has been over $1.2 trillion in every other month of the year, apart from January and February. Stablecoins monthly on-chain volume (Source: Sentora) Interestingly, August has already recorded almost $200 billion in on-chain volume across the first five days and is now on track to finish above $1.2 trillion by the end of the month. Meanwhile, experts have attributed the surge in on-chain volume for stablecoins to increased DeFi activity. According to Defillama, the total value locked (TVL)  in DeFi increased by more than 3% in the last 24 hours to reach $137.33 billion. This is mostly due to Ethereum performance, with the network performance and ETH resurgence driving renewed interest in DeFi activity. Sentora data also backs this up with the data analytics firm noting that DeFi has reached a three-year high of $179 billion this week, thanks to inflows into liquid staking protocols and  ETH ascent towards $4,000. USDC dominates on-chain stablecoin transactions The new milestone reflects stablecoins’ growing adoption and increasing use for on-chain transactions. With the US finally passing the GENIUS Act stablecoin law, the fiat-pegged tokens have seen their role in the financial system cemented. Interestingly, Circle USDC dominates on-chain stablecoin volume throughout 2025, accounting for between…

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Filed under: News - @ August 6, 2025 12:29 am