USDT and USDC Activity on Ethereum Hits 2026 Lows

Stablecoin flows on Ethereum have noticeably slowed. USDT and USDC usage hit 2026 lows last week, a development that leaves mainnet blocks emptier than expected. Traders and developers alike now face a clear question: does this signal trouble ahead? Far from a sudden exodus driven by fear, the pattern suggests deliberate shifts in where liquidity moves. Users appear to favor alternatives that better match current needs around cost and speed. What follows unpacks the data behind this change, its ripple effects across DeFi and beyond, and the network efficiencies it unexpectedly creates. Santiment Metrics: The Numbers Santiment tracked the downturn … Continue reading