2026-01-10 18:25:00

The stablecoin ecosystem in 2025 is ushering in a new chapter. According to the latest data, stablecoin trading volume has surged by 72% year-over-year. What does this growth reflect?

Even more interesting is the subtle change in market dynamics. USDC trading volume reached $18.3 trillion, surpassing USDT's $13.3 trillion for the first time. This reversal signal is worth noting — USDT, which has long held a dominant position, is now facing substantial market share pressure.

As the infrastructure of the cryptocurrency world, the surge in stablecoin trading volume indicates an overall increase in industry liquidity. The rise of USDC suggests that the market is seeking more diversified options, whether for risk diversification or platform preferences. This competitive landscape may not be a bad thing for users — it drives innovation and service optimization within the stablecoin ecosystem.

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DefiVeteran

· 01-10 18:54

Is USDT about to be sidelined? But these numbers seem exaggerated, probably inflated. USDC has really gained momentum, but I still prefer using USDT... can't switch. A 72% increase? The industry is really recovering, definitely better than the dead silence last year. So should I stock up on USDC now or keep holding USDT... so conflicted. This is the benefit of competition, Bitcoin also went through this kind of scramble back in the day. The real winners are the users in stablecoin battles; transaction fees should be lowered, not the other way around. Why does it feel like the crypto world always overhypes the data? The actual trading volume might not be that high. USDC surpassing USDT? For me, USDT is still the top, used to it, not willing to switch. Liquidity improvement is good, but the counterparty fees aren’t much different, no big difference. This is the kind of Web3 we should have; only by breaking monopolies can there be a future.

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HashBandit