Stablecoin Market Cap Hits $243 Billion with $720B Monthly Volume; USDT, USDC Lead Growth; Treasury Forecasts $2T by 2028

By: defi news|2025/05/05 02:00:02
0
Share
copy
The stablecoin market has reached new heights, with the total market capitalization hitting a record $243 billion as of early May 2025. This marks a $7.85 billion increase in the past 30 days, including $4.09 billion in the last week alone. The growth follows 19 consecutive months of supply expansion, with fiat-backed stablecoins reaching an average supply of $218 billion in April, up 2% month-over-month and 8% year-to-date. Monthly transaction volumes have also surged, surpassing $720 billion, another record. Key stablecoins such as Tether (USDT) and USD Coin (USDC) have contributed significantly, with USDT adding $5.3 billion and USDC $6 billion in recent months. The resurgence in stablecoin liquidity is seen as a precursor to potential gains in Bitcoin and other cryptocurrencies. The U.S. Treasury projects that stablecoins could grow to $2 trillion by 2028, nearly ten times the current size, and Citi forecasts a possible rise to $3.7 trillion by 2030 under a bullish scenario. Stablecoins are increasingly recognized for their role in facilitating open, instant, and borderless payments, moving $15.6 trillion in value in 2024 alone. Additionally, the Tron network dominates stablecoin transaction volume, with $4-5 billion worth of USDT transacted daily through its platform. This growing momentum in stablecoins is also prompting regulatory attention and discussions about their impact on global financial markets.This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

You may also like

Dune Stablecoin Research: The Flow and Demand of a $300 Billion Market

In the dataset, transfers are no longer simply labeled as pure "transaction volume," but are classified as different on-chain activities. This is the difference between "just knowing that $100 trillion has been transferred" and "understanding why it was transferred."

Stripe Annual Letter: New cognitive density is extremely high, especially the 5-level model of "AI + Payments"

Every trend here is affecting everyone's future survival.

Sam Altman's Twenty-Four Hours: The Pentagon said "no" twice, but only one was serious

In Silicon Valley, Altman's sub-12-hour move has a name. It's not called backstabbing, it's called timing.

The US-Iran Conflict Spreads to the Crypto Space: What to Expect in the Market on Monday

The most important industry in the crypto world, only 300 kilometers away from the missile's impact point

Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?

The interest of the younger generation is shifting from cryptocurrency to the field of artificial intelligence, which coincides with the current phenomenon in the cryptocurrency industry.

The little deer live by the water and grass

Mining companies have never been the most devout believers in Bitcoin. Under the pressures of halving compressing profits, financial reports showing revenue growth without profit increase, and coin prices falling below mining costs, the industry is collectively de-risking.

Popular coins

Latest Crypto News

Read more