TL;DR

In one year, active stablecoin wallets increased by 53%, rising from 19.6 million in February 2024 to over 30 million in February 2025.
The total supply of stablecoins grew by 63%, reaching $225 billion, while monthly transaction volume surged by 115%, exceeding $4.1 trillion.
The stablecoin boom is driven by its growing use in digital payments, decentralized finance, and increasing adoption by traditional financial institutions.

Stablecoins continue to solidify their position as the bridge between traditional finance and the crypto ecosystem, according to the report “The State of Stablecoins 2025: Supply, Adoption & Market Trends” published by Artemis and Dune. The analysis highlights an unprecedented surge in the adoption of these digital assets, with the number of active wallets increasing by 53% in just 12 months.

This rapid growth is attributed to the rising demand for stable and secure payments within the crypto space and increasing institutional interest. More companies and governments are exploring stablecoins as an efficient solution for cross-border transfers, protection against volatility, and access to decentralized financial markets.

Stablecoins: More Supply and Blockchain Transactions  

The report also highlights that the total supply of stablecoins grew from $138 billion in February 2024 to $225 billion in February 2025, representing a 63% increase. This not only demonstrates their increased adoption but also their growing role in crypto market liquidity and financial services expansion.

Additionally, monthly transfer volume for stablecoins saw a remarkable 115% increase, reaching $4.1 trillion in February 2025. The peak activity occurred in December 2024, when transactions hit $5.1 trillion in a single month. This underscores how these digital assets have become the driving force behind the decentralized financial ecosystem and blockchain development initiatives.

Market Impact and Institutional Adoption 

The rise of stablecoins is not limited to retail transactions; it is also being fueled by increasing institutional adoption. Large corporations and banks are integrating stablecoins into their payment strategies and reserve holdings, recognizing their efficiency and stability compared to traditional fiat currencies.

Another interesting aspect is the stability in the average transaction size for stablecoins, which only slightly increased from $676,000 to $683,000 over the past year. However, significant peaks were recorded in May and July 2024, with average transfers of $2.6 million and $2.2 million, respectively, suggesting higher institutional investor participation.

Stablecoins are proving to be much more than just a speculative asset; they have become the backbone of DeFi, facilitating lending, staking, and transactions in an ecosystem that continues to gain ground over traditional finance.

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Filed under: News - @ March 19, 2025 4:06 pm