Stablecoin Circulation Surges $16.97 Billion in 2025
The total circulation of stablecoins has seen a significant increase of approximately $16.97 billion since the beginning of the year, with a daily average growth of $541 million in February. This trend indicates a growing interest and adoption of stablecoins in the cryptocurrency market.
According to data from Glassnode, the total circulation supply of stablecoins has risen from around $194.2 billion at the start of 2025 to around $211.2 billion by the end of February. This increase is a result of a steady growth in the stablecoin market, with the average daily growth rate fluctuating throughout the year.
From November to December 2024, the average daily growth of stablecoins was about $450 million. However, in January 2025, the growth rate slowed down to a daily average of about $400 million. In February, the growth rate rebounded to a daily average of $541 million, demonstrating the resilience and continued expansion of the stablecoin market.
The increasing circulation of stablecoins can be attributed to several factors, including the growing demand for stable and predictable cryptocurrencies, the need for a hedge against market volatility, and the expanding use cases of stablecoins in various industries. As the cryptocurrency market continues to evolve, stablecoins play an essential role in facilitating transactions, enabling cross-border payments, and supporting the development of decentralized finance (DeFi) platforms.
The growth of stablecoins also reflects the broader trend of increasing adoption and integration of cryptocurrencies into the global financial system. As more institutions and individuals recognize the potential of cryptocurrencies, the demand for stablecoins is likely to continue growing, further driving the expansion of the stablecoin market.
