Stablecoin Cap Sets $228 Billion Record—What’s Behind The 2025 Boom?

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Data shows the stablecoin market cap has been enjoying a sharp surge in 2025 and has reached a new record. Here’s what’s driving the growth. Stablecoin Market Cap Has Gone Up By 17% In 2025 So Far In a new post on X, the on-chain analytics firm CryptoQuant has talked about the latest trend in the market cap of the stablecoins. A “ stablecoin ” is a cryptocurrency that has its price pegged to a fiat currency (with the US Dollar being the most popular one). Investors use the stables for a variety ...