[Ethereum has become the settlement layer for global USD liquidity, processing approximately $90 billion to $100 billion in stablecoin transfers daily] Odaily Planet Daily reported that Leon Waidmann posted on the X platform, stating that Ethereum is not just a smart contract platform but has become the settlement layer for global USD liquidity. The Ethereum mainnet processes approximately $90 billion to $100 billion in stablecoin transfers daily, primarily involving USDT and USDC used for payments, financial management, and settlements. These transfers represent real on-chain value flows rather than DeFi loops or incentive mining. Leon Waidmann pointed out that although other blockchains are growing, large-scale funds still choose to settle on the Ethereum mainnet. Users pay transaction fees because they value its settlement finality and credibility. Stablecoins bring utility to blockchains, while Ethereum provides reliability to stablecoins.