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#Stablecoin Supply Tops $270B
The New Backbone of Cryptocurrency
Stablecoins, a symbol of stability in the cryptocurrency world, reached a historic milestone in 2025. Their total supply surpassed $270 billion, becoming the cornerstone of liquidity on both centralized exchanges and DeFi protocols.
Global Usage and Chain Distribution
Stablecoins are heavily used not only on Ethereum but also on chains such as Tron, Solana, Base, Arbitrum, and BNB Chain. Users in Asia and North America, in particular, are leading stablecoin transfers.
Fastest Growers: New Favorites
- Ethena USDe: grew 62.55% in July 2025, reaching $8.6B market capitalization.
- Falcon USDf: increased 103% to $1.08B.
- Projects such as Sky USDS and PayPal USD (PYUSD) are also experiencing steady growth.
These new players are becoming particularly attractive to investors seeking alternatives in DeFi and corporate payment systems.
Why Stablecoin?
Stablecoins have become indispensable in the crypto world in the following areas:
- Trading and arbitrage: Provides protection against volatility.
- DeFi protocols: Used for collateral, borrowing, and providing liquidity.
- International transfers: Fast and low-cost money transfers.
- Enterprise integration: Compatible with traditional systems like Visa and PayPal.
Investor Recommendations
If you're interested in using stablecoins, consider the following criteria:
- Liquidity: USDT and USDC are the easiest to trade.
- Transparency: Projects with verified reserves, such as USDC and DAI, are more secure.
- DeFi compatibility: Decentralized structures like DAI and USDe are ideal for protocol integration.
- Innovative yield models: Yield-focused stablecoins like USDY and USDA may be attractive to investors.