The Stablecoin market capitalization has reached a new highest peak of $ 226.8 billion, an increase of $ 132 billion in January 2024.
According to facts From Defillama, $ 2.43 billion was added to Stablecoins alone in the last week. With a market value of $ 143 billion, Tether (USDT) is still the largest stablecoin, accounting for 63% of the market. The market capitalization of USDT is about three times that of USD Coin (USDC), which has a market capitalization of $ 57 billion.
In particular, Ethena Usde (Usde) has risen to become the third largest stablecoin, now a market capitalization of $ 5.45 billion. Solana (SOL) has seen the most important growth of the Stablecoin among all block chains, which rose $ 4 billion to $ 11.7 billion in December from 11 March.
Circle Alone has so far hit $ 8 billion USDC on Solana in 2025, with $ 6 billion spent in January and another $ 2 billion in February, according to the location on the chain facts. Despite the increase in the Stablecoins, decentralized exchange trading volumes have fallen, which fall from $ 572 billion in January to $ 378 billion in February.
The wider cryptomarkt also experiences a recession, with Bitcoin that glides under the critical psychological level of $ 80,000. The rising Stablecoin offer in the midst of a market for decline signals capital rotation from Bitcoin and Altcoins to Stablecoins, possibly because investors follow a more cautious approach.
In the meantime, as the rules develop, banks and large fintech companies enter the Stablecoin market. The pro-Crypto attitude of US President Donald Trump has accelerated the legal momentum, so that the legislators can clarify the regulations for the Stablecoin.
Last month, Bank of America meant interest in launching its stablecoin, with companies such as Standard Chartered, PayPal, Revolut and Stripe. This shift coincides with the increasing use of stablecoins in cross -border payments and their potential to offer alternatives to banks in developing countries, especially in sectors such as shipping and raw materials.
Compared to $ 521 billion a year ago, the transaction volumes of Stablecoin rose to $ 710 billion last month, according to facts From Visa. There are now more than 35 million different Stablecoin addresses, an increase of 50% compared to the past year. More financial institutions are getting ready to enter the market because the American and EU supervisors are working on Stablecoin regulations.
