The stablecoin market in 2025 is ushering in a new wave of growth. According to the latest data, stablecoin trading volume has surged by 72% year-over-year, reaching a total of $33 trillion, setting a new record.
The most interesting aspect is the change in the trading landscape. USDC is really showing signs of a comeback this time — with a trading volume of $18.3 trillion, it has for the first time surpassed USDT's $13.3 trillion, becoming the largest stablecoin by trading volume. This reversal was unimaginable just last year.
What exactly is driving this growth? Many analysts believe that the shift in government policies and the improved attitude towards the crypto industry have played a key role. Especially in the United States, changes in policy environment have added more certainty to the market, attracting more capital into stablecoin trading.
What does this wave of change indicate? First, the status of stablecoins as a store of value and a medium of exchange continues to strengthen; second, the market is gradually optimizing its allocation, no longer relying solely on a single leader. For traders, more options are now available.
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SpeakWithHatOn
· 01-09 00:35
USDC has made a comeback, I really didn't expect it to surpass USDT, feeling a bit caught off guard.
Policy benefits are different, this wave has indeed benefited from the dividends.
How much longer will stablecoins keep competing...
33 trillion sounds outrageous, is it real or fake?
Can USDC hold steady this time, or will it have to give way to USDT again?
Traders must be making a killing, is having more options a good thing?
A 72% increase is a bit exaggerated, could there be a lot of hype behind it?
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down_only_larry
· 01-08 23:43
USDC surpasses USDT? The reversal is quite sudden. Last year, we were heavily bearish, and now it's a complete turnaround... Is the policy shift really that powerful?
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POAPlectionist
· 01-08 23:40
USDC surpasses USDT? Now this is interesting. Who would have thought that last year, it was still being crushed and would turn around?
A 72% surge is truly astonishing. How much new capital needs to flow in to drive this?
The change in policy direction is indeed powerful. The previous frustration has finally passed.
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FomoAnxiety
· 01-08 23:38
USDC's comeback has become a reality. Last year it was under pressure, and now it's surpassing others. The pace is incredible.
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GateUser-4745f9ce
· 01-08 23:37
Brother Kun was really countered, this move with USDC is truly outstanding
USDC is really strong, it took off as soon as the policy wind blew
33 trillion... this number is a bit outrageous, is it real?
By the way, are policies really this hardcore? They directly boosted a wave of stablecoins
Can USDT still overtake? Seems unlikely
Now I finally don’t have to be stuck on one coin, so cool
Is crypto so attractive just after a policy shift? Why couldn’t it move before?
72% surge... has the bear market already passed?
Sounds like the ecosystem is self-healing, feeling more authentic
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PuzzledScholar
· 01-08 23:33
USDC surpassing USDT? How big of a policy boost would it take to turn the tide... But speaking of which, 33 trillion is indeed outrageous; it feels like the actual trading volume isn't that high.
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Anon32942
· 01-08 23:29
USDC surpasses USDT? I really didn't expect this move; last year, it was still getting beaten.
The stablecoin market in 2025 is ushering in a new wave of growth. According to the latest data, stablecoin trading volume has surged by 72% year-over-year, reaching a total of $33 trillion, setting a new record.
The most interesting aspect is the change in the trading landscape. USDC is really showing signs of a comeback this time — with a trading volume of $18.3 trillion, it has for the first time surpassed USDT's $13.3 trillion, becoming the largest stablecoin by trading volume. This reversal was unimaginable just last year.
What exactly is driving this growth? Many analysts believe that the shift in government policies and the improved attitude towards the crypto industry have played a key role. Especially in the United States, changes in policy environment have added more certainty to the market, attracting more capital into stablecoin trading.
What does this wave of change indicate? First, the status of stablecoins as a store of value and a medium of exchange continues to strengthen; second, the market is gradually optimizing its allocation, no longer relying solely on a single leader. For traders, more options are now available.