Stablecoin trading volume hit record $33T in 2025

Stablecoin trading volume reached a record $33 trillion in 2025, a trend attributed to the Trump administration's pro-crypto policies and the enactment of the Genius Act in July 2025, Bloomberg reported, citing data from Artemis. Circle's USDC led the market with $18.3 trillion in volume, surpassing Tether's USDT, which recorded $13.3 trillion. Despite USDT's larger market capitalization, USDC demonstrated higher activity in sectors such as DeFi. The report also noted that major retailers like Walmart and Amazon explored stablecoin adoption last year, while the Trump family's DeFi project, World Liberty Financial (WLFI), launched its own stablecoin, USD1. Looking ahead, the volume of stablecoin payments is projected to reach $56 trillion by 2030.