The top two stablecoins are still
USDC from Circle and
USDT from Tether.
USDC exhibits indications of robust volume and market share growth in 2025. It still lags behind USDT, the market leader, though.
The biggest cryptocurrency exchange in the world, Binance, was instrumental. It was responsible for more than 57% of USDC's worldwide trading volume, thanks to a strategic partnership that was reached with Circle in December 2024.
