The market capitalization of stablecoins elevated by roughly 22% in H1 2025 amid institutional demand, regulatory shifts, and expanded use of stablecoins as a cost instrument.
Based on Binance Analysis’s half-year report, the entire crypto market cap grew by 1.99% within the first six months of 2025. In the meantime, the stablecoin market cap exceeded $250 billion, reaching a brand new ATH in Could.
Analysts be aware that demand for stablecoins shifted from speculative buying and selling to actual cost and settlement use circumstances. In 2025, TradFi organizations actively check stablecoin utilization and combine them into operational processes, whereas additionally expressing curiosity in issuing their very own stablecoins.
The report states that USDT and USDC stay the leaders, collectively masking about 92% of the phase. USDC’s share grew to about 25% because of acquiring a MiCA license, whereas USDT retains management because of deep liquidity and presence on high-throughput blockchains. For instance, 51% of USDT quantity is on TRON, whereas Circle absolutely withdrew help from that community.
The report additionally cites Visa Stablecoin Dashboard information, exhibiting that adjusted stablecoin transaction quantity reached a historic peak of $749 billion in Could 2025, rising to $886.4 billion in June. Based on Artemis information as of February 2025, USDT accounted for 86.1% of cost transactions and USDC for 13.9%. USDT stays the chief in lively addresses, utilized by 73–75% of market members.
Binance Analysis analysts argue that the principle catalyst for stablecoin capitalization progress in H1 2025 was elevated demand for liquid devices amid a heterogeneous international macroeconomic setting. Regulatory developments have been a key structural issue — the implementation of MiCA within the EU, the adoption of the GENIUS Act within the U.S., licensing processes for stablecoin issuers and approval of steady asset laws in Hong Kong, regulatory coverage adjustments in Singapore, issuance of institutional steady property in Dubai, and different authorities initiatives positively influenced international stablecoin market metrics.
The report additionally highlights different key crypto market indicators recorded in H1 2025:
- Bitcoin worth rose about 13%, hitting a brand new ATH, with the market cap exceeding $2 trillion. Inflows to identify Bitcoin ETFs reached $13.7 billion. BTC dominance reached 65.1%.
- The entire worth locked (TVL) in DeFi reached $151.5 billion, down 5.8% for the reason that begin of the 12 months, whereas month-to-month lively addresses exceeded 340 million, a 240% improve from final 12 months.
- About 29% of Ethereum’s circulating provide (35.4 million ETH) was staked following the profitable Pectra exhausting fork. Ethereum’s ecosystem stays the principle middle of institutional capital with $89.4 billion TVL. Restaking options are actively growing.
Binance Analysis estimates that progress prospects for the stablecoin and total crypto markets in H2 2025 depend upon a number of components, together with:
- Fed easing amid inflation decline and labor market softening within the U.S.;
- the U.S. shifting from enforcement to proactive regulation;
- expanded stablecoin use in cost companies and by massive retail market gamers;
- growth of secondary markets for tokenized real-world property (RWA);
- use of Bitcoin as collateral for presidency reserves.
Beforehand, Max Krupyshev, CEO of CoinsPaid, famous that firms more and more undertake steady digital property as handy and comprehensible settlement instruments. “Stablecoins present stability, flexibility, and simple integration, changing into a brand new common cost instrument. About 86% of firms see them as a technique to modernize conventional monetary methods,” Max acknowledged.
Сообщение Stablecoin Market Cap Grew by 22% in H1 2025 появились сначала на CoinsPaid Media.