The volume of payments in stablecoins is demonstrating rapid growth and is projected to reach $56 trillion by 2030. By the end of 2025, the volume of transactions in stablecoins increased by 72%, totaling $33 trillion. It is noted that key changes in the regulatory landscape, particularly the adoption of the GENIUS law, played a significant role in attracting institutional investors and expanding the use of digital assets.
This is reported by Finway
USDC Strengthens Its Position in DeFi
The largest stablecoin in the market remains USDT. However, by the end of 2025, USDC from Circle became the leader in transaction volume, reaching $18.3 trillion. This stablecoin is particularly actively used in the decentralized finance (DeFi) sector. At the same time, experts note that a significant volume of transactions in DeFi may be partially related to double counting that occurs due to the opening and closing of credit positions.
Growth Dynamics and Forecasts
According to analysts, in the fourth quarter of 2025, the volume of transactions in stablecoins reached $11 trillion, significantly exceeding the previous quarter’s figure of $8.8 trillion. If the current dynamics continue, by 2030, the total volume of transactions with stablecoins could exceed $56.3 trillion.
“If the trend continues, by 2030 the figure will surpass $56 trillion.”
At the same time, not all experts view such rapid growth in the stablecoin market positively. In particular, the International Monetary Fund warns of risks associated with the substitution of national currencies with stablecoins, especially in countries with high inflation rates.