Between January 2024 and March 2025, the Stablecoin market grew significantly, with global market capitalization rising from $130 billion to $235 billion, a jump of 80.7%. This trend, due to this surge, points to how stubcoin is growing as a stable means of integrating with the global financial ecosystem. Among the majors, Tether ($usdt) and USD coin ($usdc) continued to lead the market with a collective share of 87%. Their massive growth has reaffirmed the role of critical mass in the rest of the crypto market.
Data scale and growth trends for chain-dispersed stubcoins.
– OKX Ventures (@okx_ventures) April 13, 2025
$usdt and $usdc dominate the market
Stablecoin has a maximum circulation supply of $USDT, with $144.6, with circulating supply growing from $91 to BLN, accounting for 51% of overall market growth. Meanwhile, USDC supply has grown from $23.8 billion to $60.6 billion, reflecting 35% of the overall market.
These two stubcoins are central to the overall stability of the digital asset trading, liquidity provisioning, and crypto markets. The fixed arrangement of $USDT and $USDC in Decentralized Finance (DEFI) and increased confidence in its stability demonstrates its advantage.
Expansion of the entire blockchain network
The issuance of USDT and USDC continues to grow, but there are no limits to other silly things. Ethereum and Tron remain leaders in Stablecoin, with 81.99% of the market share being issued through this chain or the other.
Ethereum’s year-on-year growth was 86%, while Tron’s growth was 34%. Solana, Base and the new blockchain network also experienced significant growth. Solana’s Stablecoins issue increased by over 580%, but on a basis it saw an increase of 2,316%. This means the major development of the Stablecoin space, where new blockchain platforms are gaining popularity.
Global recruitment and future outlook
The adoption of stubcoin remains growing, especially in cross-border payments and retail use cases. In Latin America and sub-Saharan Africa, stables form part of the remittance, with annual growth of over 40%.
Meanwhile, financial institutions like Standard Chartered Bank have begun to incorporate stable coins into their services, further hammering the use of such coins in the traditional financial sector. Growth in Stablecoin usage is expected to lead the market to capitalize between $32.5-$400 billion by the end of 2025. Furthermore, such profits increase with innovation in Layer-2 solutions and the creation of stable coins that produce yields.
