Stablecoin transactions surged to a record $33 trillion in 2025, fueled by US policy support under President Trump and fast-growing institutional adoption. USDC led with $18.3 trillion in flows, beating Tether’s USDT. Crucially, stablecoin usage is rising outside DeFi, suggesting broader mainstream demand for “digital dollars” amid ongoing global uncertainty.
Circle, the issuer of the USDC stablecoin, made a blockbuster debut on the NYSE. Its shares jumped to above $96 at one point before closing at $83.23, signaling strong investor appetite. The move comes as stablecoin competition intensifies and US regulators push for clearer rules. Circle also cites massive transaction scale, with $25 trillion in volume.
Your news, in seconds
Get the Beige app — every story in 60 words, updated hourly. Free on iOS & Android.
Swipe through stories, personalise your feed, and save articles for later — all on the app.
