NewsBTC

1 February 2025
Updated 2 February

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Stablecoins Market Capitalization Surpasses $211 Billion in January 2025

Stablecoins have regained prominence, surpassing a market capitalization of $211 billion, a 73% increase from August 2023's $121 billion. Key points include:

• The growth began in mid-2023.
• Tether's USDT remains the primary driver, currently valued at nearly $140 billion.
• USDC is gaining traction, now at $53 billion, influenced by altcoin sell-offs.
• USDC's dominance has reached significant resistance levels, reminiscent of early 2021.

Short-term expectations indicate that if stablecoin supply continues to grow while prices dip, the segment may reach its peak soon. A rising stablecoin market cap typically reflects increased investor confidence and potential capital inflows.