#StablecoinPayments Stablecoins continue to play a central role in the crypto market today. The total market capitalization of stablecoins reached around $242 billion, up nearly 20% since the beginning of the year. The market leader, Tether (USDT), maintains a value of $1 with a market cap of $149 billion and an increase of 7 billion USDT in Q1. USDC from Circle gained initial regulatory approval in Abu Dhabi, opening expansion in the Middle East. Legislative push in the US through the GENIUS Act strengthens investor confidence, seen with USDT reaching $1.003 and USDC $1.002 on May 1, 2025. The collaboration between Visa and Mastercard builds the onramp infrastructure for stablecoins, affirming the ongoing utility of these assets. These assets are increasingly trusted widely.