📢 Expanding Liquidity: Stablecoin Liquidity Increases as USDC Growth [Weekly Report] The stablecoin market cap reached an all-time high of $228 billion. This is an increase of $33 billion, or 17%, by 2025. This growth can be attributed to three factors: (1) an increase in crypto trading activity, (2) an increase in the use of stablecoins in payments and remittances, and (3) improved clarity in the regulatory environment in the U.S. since the inauguration of the Trump administration. The growth of the stablecoin market is being driven by two major stablecoins: Circle's USDC and Tether's USDT. USDC has raised its market cap to an all-time high of $61 billion, an increase of $17 billion, or 39%, by 2025. USDT hit $155 billion, up $18 billion, or 13%, from the beginning of the year. In addition, the volume of stablecoins held on centralised exchanges has also reached an all-time high, supporting the liquidity of cryptocurrency trading. The total value of ERC20 stablecoins on centralised exchanges is around $50 billion. Much of this increase is due to growth in USDC reserves, which will increase 1.6x to approximately $8 billion by 2025. The value of staked stablecoins, which can earn interest, has recovered and reached its highest level since late March. The total value of the major staked stablecoins is $6.9 billion, up 28% since its May 23 low. This increase was driven by an increase of $1.23 billion in sUSDe and a $700 million increase in sUSDs or a 35% increase over the same period. For more information, see our weekly report. 🤗