The volume of transactions using of stablecoins in 2024 reached a record $15.6 trillion (it was $7 trillion in 2023), exceeding Visa’s by 119% and Mastercard’s by 200%. This is what the reports Big Ideas 2025 by ARK Invest.
The monthly number of transactions with stablecoins amounted to 110 million, which also exceeded the volumes of Visa and Mastercard by 0.41% and 0.72%, respectively. This means that last year, more people used stablecoins to transfer funds than traditional credit cards.
In addition, in December 2024, the volume of transactions with stablecoins reached an all-time high:
- daily — $270 billion,
- monthly – $2.7 trillion.
The main blockchains are Solana, Tron, Ethereum, and Base. At the same time, Tether (USDT) and Circle (USDC) remain the leaders in terms of market capitalization.
By data According to CryptoQuant, the market capitalization of stablecoins has reached a new all-time high of $204 billion, which means an increase of 22% after Donald Trump won the presidential election.
David Sachs, Trump’s cryptocurrency advisor (the so-called crypto czar), noted that stablecoins could help strengthen the global dominance of the US dollar. Therefore Regulation of these assets is one of the top priorities.