The stablecoin market in 2025 has experienced an epic wave of growth. According to the latest data, global stablecoin trading volume has surged by 72% year-over-year, reaching a record-breaking total of $33 trillion. What does this number reflect? Stablecoins are becoming the most indispensable infrastructure in the crypto market.
Looking at the performance of leading players makes it clear. Circle's USDC maintains the top spot with $18.3 trillion in trading volume, followed closely by Tether's USDT with $13.3 trillion. Together, these two almost monopolize the vast majority of trading activity.
Why is the growth so rapid? A key factor is the shift in policy environment. As the new government signals a more friendly stance towards crypto, the application scenarios for stablecoins in payments, transaction settlement, and cross-border fund flows are rapidly expanding. From personal transfers to institutional trading, from domestic payments to international remittances, stablecoins are penetrating every corner of financial life. Analysts believe this growth momentum will continue, and the role of stablecoins in the global financial system will become increasingly significant.
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Gm_Gn_Merchant
· 01-12 01:14
72% growth? That number is a bit outrageous... USDC and USDT have the final say, and they are highly centralized.
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MEVHunterX
· 01-10 03:28
A 72% increase sounds impressive, but USDC and USDT take the lion's share. Is this really decentralization...
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OnchainHolmes
· 01-09 01:59
Whoa, 33 trillion? USDC and USDT are really going crazy, dominating the market!
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0xSleepDeprived
· 01-09 01:59
33 trillion? USDC and USDT monopolize the market, this is outrageous... It feels like true decentralization has already become "centralized decentralization," hilarious.
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degenonymous
· 01-09 01:58
33 trillion? Oh my god, USDC and USDT are the ones in control, and the level of centralization is just too outrageous.
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FlashLoanLord
· 01-09 01:57
72% growth? That's quite impressive. The situation where USDC and USDT dominate hasn't changed.
I'm convinced that stablecoins are becoming infrastructure, but how to handle the centralized risk?
33 trillion? Fine, this wave of policy dividends is a real windfall.
With such severe monopoly, is it just these two coins ruling the world? Do newcomers have no chance?
The government's attitude shift is indeed a big event, but a rapid change in sentiment can also backfire.
By the way, can stablecoins truly replace the Hong Kong dollar and US dollar in cross-border payments?
This growth rate... Is it really happening or am I exaggerating? I need to look at the data again.
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ServantOfSatoshi
· 01-09 01:50
33 trillion? Damn, that's a pretty outrageous number. USDC and USDT take the biggest share, and it seems like centralized stablecoins are becoming more and more monopolized.
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ArbitrageBot
· 01-09 01:48
72% growth? Sounds good, but the dominance of USDC and USDT... really makes people think.
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$33 trillion, just thinking about it is outrageous. By the way, how exactly is this data calculated?
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A policy-friendly signal appears and the price jumps so much. Honestly, it's still capital looking for an exit.
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The monopoly pattern is so stable. New projects want to break through? Haha, the difficulty level is maxed out.
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Cross-border payments definitely have room for imagination, but don't ignore the risks, everyone.
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USDT trading volume is only 13.3 trillion. Feels like it's a bit exaggerated?
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To be honest, stablecoins are only hot because they don't fluctuate. They're much more reliable than those altcoins.
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The government's attitude shifts, and the market can be boosted so easily when it turns to crypto. It's a bit too fragile.
The stablecoin market in 2025 has experienced an epic wave of growth. According to the latest data, global stablecoin trading volume has surged by 72% year-over-year, reaching a record-breaking total of $33 trillion. What does this number reflect? Stablecoins are becoming the most indispensable infrastructure in the crypto market.
Looking at the performance of leading players makes it clear. Circle's USDC maintains the top spot with $18.3 trillion in trading volume, followed closely by Tether's USDT with $13.3 trillion. Together, these two almost monopolize the vast majority of trading activity.
Why is the growth so rapid? A key factor is the shift in policy environment. As the new government signals a more friendly stance towards crypto, the application scenarios for stablecoins in payments, transaction settlement, and cross-border fund flows are rapidly expanding. From personal transfers to institutional trading, from domestic payments to international remittances, stablecoins are penetrating every corner of financial life. Analysts believe this growth momentum will continue, and the role of stablecoins in the global financial system will become increasingly significant.