1. The total market cap records a new all-time high
According to CoinDesk reports, the total market cap of stablecoins has reached $251.7 billion—an increase of about 22% since the beginning of 2025—coinciding with the U.S. Congress adopting new legislation to bolster confidence in the sector.
2. Increase in supply on the Ethereum network
According to analysts like Crypto Rover, the supply of stablecoins on Ethereum has risen to historical levels, reflecting the market's readiness to inject new liquidity—something that often precedes a strong price movement in the broader market.
3. The regulatory role of official parties
The GENIUS Act in the U.S. Senate is an important step, as it imposes strict reserve requirements and mandates periodic disclosure of backed assets, which is seen as an additional catalyst to attract institutional investors.
4. How do we interpret this number?
Growth to a level above $250 billion is a sign of the sector's maturity and accelerating adoption of stablecoins as payment and financing tools.
The increase in supply on Ethereum enhances the likelihood of new liquidity entering digital assets, which means the possibility of a more active and volatile price period.
Regulatory legislation contributes to increasing confidence and reducing risks, thereby enhancing the chances of integrating stablecoins into the traditional financial system.
✍️ The supply of stablecoins has currently reached a record high exceeding $250 billion, driven by increased liquidity on networks like Ethereum, bolstered by confidence through legislation such as the GENIUS Act, alongside increasing institutional adoption. This landscape indicates a shift of stablecoins from hybrid tools to essential components in the digital economy.