As of May 1, 2025, the stablecoin market is reaching a record capitalization, reflecting strong growth and an increasingly important role in the digital financial ecosystem.

📈 Stablecoin Market Overview

Total Market Capitalization: Surpassed $200 billion, reaching an all-time high by the end of 2024 and continuing to grow in 2025. ​

USDT: Continues to lead with a market share of approximately 69.9%, reaching a capitalization of $132 billion by the end of 2024.

USDC: Achieved a capitalization of nearly $41 billion, a 9% increase during the same period, thanks to collaboration with Binance to promote global adoption of USDC.

USDe: Rapidly growing, achieving a capitalization of $5.39 billion, thanks to a profit-making model from futures contracts. ​

PYUSD (PayPal USD): Surpassed $1 billion in capitalization, becoming the fifth largest stablecoin, supported by PayPal.

🌍 Trends and Outlook

Global Growth: Stablecoins are increasingly used in payments, remittances, and savings, especially in developing countries with unstable financial systems. ​

Participation of Major Institutions: Companies like Circle, Tether, and PayPal are expanding their stablecoin services, while traditional banks like Bank of America are also preparing to integrate stablecoin technology into their systems.

Future Forecast: Citigroup predicts that the stablecoin market could grow fivefold in the next five years, reaching nearly $4 trillion, driven by the shift from traditional currencies to stablecoins and the use of stablecoins in cash management.