2024 Stablecoin Boom: Supply Jumps 63% to $225B, Dune Study Finds
The stablecoin market surged in 2024, with total supply reaching $214 billion and transfer volume hitting $35 trillion, surpassing major payment networks like Visa and Mastercard.
Institutional adoption has grown, with asset managers and payment providers integrating stablecoins into their operations. USDC leads in transfer volume, while USDT dominates peer-to-peer transactions, especially on Tron. Ethereum and Tron remain key networks, but Solana and Base are gaining traction. Decentralized stablecoins like USDe have also expanded rapidly.
As regulatory frameworks evolve, stablecoins are set to play a larger role in global finance, bridging traditional and digital economies.
Clever Robot News Desk 20th March 2025
