Google search volume for stablecoins hit peak amid ‘parabolic’ growth

Key Points

1. Google search volume for 'stablecoins' surged in mid-July 2025 after the GENIUS Act was passed, surpassing the previous peak in May 2022.

2. Stablecoin total market capitalization reached a record high of $272 billion, accounting for about 7% of the total crypto market.

3. Approximately 98% of stablecoins are pegged to the US dollar, with Tether dominating 60% of the market share.

4. Crypto analysts and firms highlighted stablecoins' role as a hedge against crypto volatility and their growing adoption in digital asset strategies.

5. The surge in stablecoin interest reflects increased awareness of their potential, as noted by industry commentators.