- Stablecoin transaction volumes reach $33 trillion in 2025, up 72% YoY.
- USDC leads with $18.3T in transactions, USDT records $13.3T volume.
- Bloomberg projects stablecoin flows could hit $56.6T by 2030.
Stablecoin transaction volumes reached $33 trillion in 2025. The 72% year-over-year surge shows growing regulatory clarity and pro-crypto policy in the United States.
Bloomberg Intelligence projects stablecoin payment flows could tap $56.6 trillion by 2030. This would make stablecoins one of the most important payment tools in global finance.
Flows totaled $2.9 trillion in 2025 according to Bloomberg data. The projection implies growth of around 80% annually over the five years to 2030.
Stablecoin market sees 72% surge in 2025
USDC led the market with roughly $18.3 trillion in transactions. Tether’s USDT recorded approximately $13.3 trillion. The two stablecoins together accounted for the lion’s share of activity.
USDC and USDT represented more than 95% of the record $33 trillion in transaction volume last year. Bloomberg noted that Tether continues to be the most used stablecoin for everyday payments, business transactions and as a savings vehicle. Circle’s USDC is the most preferred on decentralized finance platforms.
USDC leads transaction volume, USDT dominates market cap
USDT is leading the market from a valuation standpoint. The stablecoin boasts a $186.9 billion market cap compared with USDC’s $74.9 billion.
Data from CoinGecko highlighted that Tether’s USDT secured ranking as the largest stablecoin in the world in terms of market value. The total circulation totaled approximately $187 billion.
This figure exceeded Circle’s USDC, which recorded a total market value of approximately $75 billion. Artemis data shows that USDC has the highest total volume in terms of transaction.
The stablecoin market currently sits at $312 billion. The U.S. Treasury estimated in April that it would reach $2 trillion by 2028.
Trump administration creates favorable stablecoin environment
The Trump administration has taken steps to promote stablecoins. Key regulations were implemented under the GENIUS Act in July.
This move created a friendly environment for crypto-related activities. The policy drew attention from several institutions that seek to adopt cryptocurrencies, particularly stablecoins.
Prominent companies have stated that they plan to launch their own versions. Amazon, Walmart, and Standard Chartered are important companies in the sector. An increasing number of businesses are releasing their own versions, according to analysts.
World Liberty Financial Inc., a Trump-family-linked decentralized finance platform launched in 2024, announced the launch of USD1 in March.
Emerging markets drive stablecoin adoption shift
Stablecoin flows rose 81% year-on-year in 2025. The share of volume on decentralized crypto platforms fell according to Bloomberg, citing data from crypto analytics platform Artemis.
Artemis co-founder Anthony Yim attributed this shift to the growth in U.S. dollar stablecoin usage in emerging economies.
Yim argued that this discovery shows that individuals began to adopt stablecoins on a widespread scale at a time when global instability was increasing. People from nations experiencing rising inflation and turmoil opt to preserve funds in dollars.
Stablecoins provide an easier way to hold dollar-denominated assets. The finding prompted analysts to conclude that most individuals utilized digital U.S. dollars in mainstream settings rather than decentralized platforms.
The percentage of transactions carried out on decentralized crypto platforms drastically dropped. Institutional adoption is ramping up across payment and remittance sectors.
Western Union will launch a stablecoin settlement system on the Solana blockchain in the first half of 2026. The increasing popularity among individuals and institutions drives projected growth to $56.6 trillion by 2030.
Source: https://www.cryptonewsz.com/stablecoin-activity-hits-33t-in-2025/
