Stablecoin Transaction Volume Surges 83% Year-on-Year, Capturing 30% of Crypto Market
Stablecoins have dominated cryptocurrency transaction activity with $4 trillion in volume between July 2024 and July 2025, according to TRM Labs' latest report. The sector now represents nearly one-third of all crypto transactions—a 52% increase in market share compared to Bitcoin and Ethereum during the same period.
The market remains heavily concentrated in USD-pegged assets, with TRM Labs predicting sustained demand. "Interest will continue to surge," said Angela Ang, the firm's Head of Policy. South Asia emerges as the fastest-growing adoption region while the US maintains leadership with 50% year-over-year growth in crypto activity.