The Rise of Stablecoins

By the end of 2024, stablecoin trading volume surged, with USDC and USDT dominating the market. Observations in the crypto market indicate that by early 2025, the daily trading volume of stablecoins will exceed $200 billion, reflecting an increase in investors' demand for hedging. After the Silicon Valley Bank crisis, USDC regained trust through transparent audits, while USDT faced challenges due to regulatory pressure. Stablecoins are not only a medium of exchange but have also become the backbone of DeFi and cross-border payments. The market expects that stablecoins will drive the deep integration of crypto and traditional finance in the future.