Since 2018, Ethereum’s stablecoin market surged from 124,500 USD to 124.5 billion USD in 2025, driven by Tether (USDT) dominating the market. Total stablecoins have approached 240 billion USD globally, with major contributions from USDC as well.
Citigroup forecasts that the stablecoin market could reach 2 trillion USD by 2030, propelled by increasing institutional adoption and technological advancements. Mastercard and Stripe are also enhancing their support for stablecoin payment frameworks.
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