PANews, July 3 - According to a report from The Block, Finery Markets' latest report shows that stablecoins accounted for 74.6% of institutional OTC trading volume in the first half of 2025, up from 46% in the same period last year and 23% in 2023. Among them, USDC performed particularly well, with trading volume increasing 29 times year-on-year driven by the EU MiCA regulation. The report is based on an analysis of 4.1 million transactions from the platform between January and June.
Institutional trading shows three major trends: overall OTC spot trading volume increased by 112.6% year-on-year, stablecoin trading volume grew by 154%, while the liquidity of cryptocurrency and stablecoin trading pairs surged by 277.4%, far exceeding the 48.5% growth rate of fiat currency trading pairs. In addition to mainstream assets, altcoins such as Cardano and Solana collectively accounted for 16.7% of the market share. Analysts say this makes stablecoins the fastest-growing segment in the cryptocurrency market.
