Stablecoin transactions exceeded $6 trillion in Q1 2025, showcasing their importance in the digital financial ecosystem.
USDC and USDT are leading the market, with USDC experiencing significant growth and surpassing USDT in transaction volume.
Alternative stablecoins like BUSD and FDUSD are gaining traction, indicating a trend towards diversification in stablecoin adoption.
The rise in stablecoin transactions since early 2023 reflects increased usage beyond crypto trading, with applications in remittances, DeFi, international payments, and on-chain payrolls.