{"id":38353,"date":"2025-07-23T12:31:54","date_gmt":"2025-07-23T12:31:54","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=38353"},"modified":"2025-07-23T12:31:54","modified_gmt":"2025-07-23T12:31:54","slug":"stablecoin-market-explodes-in-h1-2025-supply-jumps-to-252-billion","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=38353","title":{"rendered":"Stablecoin Market Explodes in H1 2025: Supply Jumps to $252 Billion"},"content":{"rendered":"<div>\n<p><em>Stablecoin supply rose to $252 billion in H1 2025, driven by USDT, USDC, and PYUSD growth. Supportive regulations, including the GENIUS Act and MiCA, are fueling adoption.<\/em><\/p>\n<p><span data-preserver-spaces=\"true\">Stablecoins are undeniably the cornerstone of not only the crypto ecosystem but also the global financial system. Over the years, stablecoins, both fiat-pegged and algorithmic, have processed trillions of dollars, funneling billions to some of the <\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-crypto-to-buy\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">best cryptos to buy<\/span><\/a><span data-preserver-spaces=\"true\">.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">As of July 23, 2025, Coingecko data shows the total market cap of all stablecoins topped $268 billion. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">USDT remains the largest, with a market cap of $162 billion, generating over $143 billion in trading volume in the past 24 hours. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">USDC is in second, with a market cap of $64 billion and nearly $8 billion in daily trading volume. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Other notable stablecoins include USDS and USDE by Ethena.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-263062 size-full\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/07\/Screenshot-2025-07-23T122714.989.png\" alt=\"Stablecoin supply rose to $252 billion in H1 2025, driven by USDT, USDC, and PYUSD growth. GENIUS Act and MiCA fueling adoption\" width=\"1608\" height=\"775\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/07\/Screenshot-2025-07-23T122714.989.png 1608w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/07\/Screenshot-2025-07-23T122714.989-300x145.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/07\/Screenshot-2025-07-23T122714.989-1024x494.png 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/07\/Screenshot-2025-07-23T122714.989-768x370.png 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/07\/Screenshot-2025-07-23T122714.989-130x63.png 130w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/07\/Screenshot-2025-07-23T122714.989-1536x740.png 1536w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/07\/Screenshot-2025-07-23T122714.989-50x24.png 50w\" sizes=\"auto, (max-width: 1608px) 100vw, 1608px\"><\/p>\n<p><strong><span data-preserver-spaces=\"true\">(<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.coingecko.com\/en\/categories\/stablecoins\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">Source: Coingecko<\/span><\/a><span data-preserver-spaces=\"true\">)<\/span><\/strong><\/p>\n<p><strong>DISCOVER:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">20+ Next Crypto to Explode in 2025<\/a><\/strong><\/p>\n<h2><span data-preserver-spaces=\"true\">USDT, USDC, PYUSD Boom: Supply Exceeds $252 Billion in H1 2025<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">A CertiK Skynet <a class=\"general-link\" href=\"https:\/\/indd.adobe.com\/view\/30506df9-f4c7-4bf4-ba2b-df93409ae313\" target=\"_blank\" rel=\"noopener nofollow\">report<\/a> found that in H1 2025, the total stablecoin supply grew from $204 billion to $252 billion. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">With increasing supply, the stablecoin monthly settlement volumes reached $1.39 trillion, channeling capital to some of the <\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/crypto-presales\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">hottest crypto presales to buy<\/span><\/a><span data-preserver-spaces=\"true\">.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">USDT is still dominant, particularly on Tron. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Tronscan data shows that over $81 billion of USDT is in circulation on <span class=\"cpp-widget-coin cpp-widget-99btc\" data-symbol=\"trx\" data-name=\"TRON\" data-price=\"0.318089913500000\" data-change=\"1.71\" data-chart-style=\"99btc\" data-cta_text=\"Buy with Best Wallet\">TRX <span style=\"color: #37a72b;\">\u25b21.71%<\/span><\/span>, with more than 67.9 million USDT holders making over 2.3 million transfers in the past 24 hours, generating over $152 billion in trading volume, up nearly 7%.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-263063 size-full\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/07\/Screenshot-2025-07-23T122758.850.png\" alt=\"Stablecoin supply rose to $252 billion in H1 2025, driven by USDT, USDC, and PYUSD growth. GENIUS Act and MiCA fueling adoption\" width=\"1573\" height=\"718\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/07\/Screenshot-2025-07-23T122758.850.png 1573w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/07\/Screenshot-2025-07-23T122758.850-300x137.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/07\/Screenshot-2025-07-23T122758.850-1024x467.png 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/07\/Screenshot-2025-07-23T122758.850-768x351.png 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/07\/Screenshot-2025-07-23T122758.850-1536x701.png 1536w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/07\/Screenshot-2025-07-23T122758.850-50x23.png 50w\" sizes=\"auto, (max-width: 1573px) 100vw, 1573px\"><\/p>\n<p><strong><span data-preserver-spaces=\"true\">(<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/tronscan.org\/#\/token20\/TR7NHqjeKQxGTCi8q8ZY4pL8otSzgjLj6t\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">Source: TronScan<\/span><\/a><span data-preserver-spaces=\"true\">)<\/span><\/strong><\/p>\n<p><span data-preserver-spaces=\"true\">CertiK notes that USDC is closing the gap in second place, bolstered by its MiCA license and a highly successful IPO. In H1 2025, USDC\u2019s supply increased to $61 billion.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Meanwhile, PayPal\u2019s PYUSD is gaining traction, driven by its integration on Solana, which doubled its float, and a 3.7% reward program that has solidified its market position. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Ripple\u2019s RLUSD, focused on institutional use, has also increased its market share. CertiK highlights RLUSD\u2019s perfect security record, supported by continuous audits, as a key differentiator.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Stablecoin Boom Driven by Supportive Regulations<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Stablecoin supply will only grow, even breaking above the $1 trillion level in the coming years. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">In H1 2025, the United States took steps to regulate stablecoins by passing the GENIUS Act, which Donald Trump signed into law last week. <\/span><\/p>\n<p><iframe loading=\"lazy\" title=\"What to know about Trump's cryptocurrency legislation, the GENIUS Act\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/EDMEkE3qjhM?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><span data-preserver-spaces=\"true\">The Act mandates that issuers be chartered by the OCC or affiliated with banks, maintain 1:1 reserves in cash or Treasury bills, and provide monthly attestations for transparency. These measures aim to protect consumers, ensure financial stability, and foster innovation.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">In Europe, the enforcement of the MiCA regulation by June 2025 marks a significant step forward. Under MiCA, stablecoins are classified as Asset-Referenced Tokens (ARTs) or e-Money Tokens (EMTs). <\/span><\/p>\n<p><iframe loading=\"lazy\" title=\"Navigating MiCA: The Future of Crypto and Stablecoins in the EU\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/VhIYATSyGIY?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><span data-preserver-spaces=\"true\">Issuers must hold an EMI license and maintain full reserves, complying with real-time attestation and audit standards. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Non-compliant stablecoins like USDT and EURT were delisted from European crypto exchanges, prompting Tether Holdings to exit the Euro stablecoin market and invest in compliant issuers like StablR, which issues EURR and USDR.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER:<\/span><\/strong> <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/crypto-presales\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">13 Best Crypto Presales to Invest in July 2025 \u2013 Top Token Presales<\/span><\/a><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h2 class=\"nnbtc-key-takeaways__title\">USDT, USDC Stablecoin Market Soars to $252B in H1 2025<\/h2>\n<ul class=\"nnbtc-key-takeaways__list\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">Stablecoin supply jumps 23.5% to $252 billion in H1 2025, per CertiK Skynet<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">USDT dominates with $162 billion market cap<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">USDC grows to $61B, boosted by MiCA license and NYSE-listed CIRCL stock<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <span data-preserver-spaces=\"true\">GENIUS Act and MiCA regulations drive stablecoin adoption globally<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span>    <\/li>\n<\/ul><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/stablecoin-market-explodes-in-h1-2025-supply-jumps-to-252-billion\/\">Stablecoin Market Explodes in H1 2025: Supply Jumps to $252 Billion<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Stablecoin supply rose to $252 billion in H1 2025, driven by USDT, USDC, and PYUSD growth. Supportive regulations, including the GENIUS Act and MiCA, are fueling adoption. Stablecoins are undeniably the cornerstone of not only the crypto ecosystem but also the global financial system. Over the years, stablecoins, both fiat-pegged and algorithmic, have processed trillions [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-38353","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/38353","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=38353"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/38353\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=38353"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=38353"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=38353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}