Stablecoin Trading Volume Hits Record High in 2025, Reaching $33 Trillion for the Year, With USDC Leading

Bloomberg reported on January 9, citing Artemis Analytics data, that global stablecoin transaction volume is projected to surge 72% year-over-year by 2025, hitting a record $33 trillion. Stablecoin usage has expanded significantly amid a pro-crypto policy landscape. Circle-issued USDC leads with $18.3 trillion in transaction volume, while Tether’s USDT follows at $13.3 trillion—together accounting for the vast majority of stablecoin trading activity. The report notes that after the Trump administration signaled more crypto-friendly policies, stablecoin adoption in payments, transaction settlement, and cross-border capital flows has risen sharply, solidifying their role as core crypto market infrastructure. Analysts say the explosive growth underscores stablecoins’ increasing importance in the global financial system, drawing heightened attention to future regulatory and policy directions.