Stablecoin trading volume reached a record high in 2025, totaling $33 trillion for the year, with USDC leading the way

BlockBeats News, January 9 — According to Bloomberg, citing data from Artemis Analytics, the global stablecoin trading volume surged by 72% year-on-year in 2025, reaching a record $33 trillion, as pro-crypto policy environments fueled a significant expansion in stablecoin usage.

Among them, USDC issued by Circle recorded a trading volume of $18.3 trillion, ranking first; Tether's USDT trading volume reached $13.3 trillion, also maintaining a high level. Together, the two account for the vast majority of stablecoin trading activity.

The report stated that after the Trump administration signaled more crypto-friendly policies, the use of stablecoins in payments, transaction settlements, and cross-border capital flows grew significantly, making them one of the most essential infrastructures in the crypto market. Analysts believe that the explosive growth in stablecoin trading volume highlights its rising importance in the global financial system and brings greater attention to future regulatory and policy directions.