Stablecoins Dominate December Crypto Revenue, Eye $400B Market by 2025

In December, the cryptocurrency industry experienced a notable increase in on-chain revenue, with stablecoins playing a dominant role.

According to DeFiLlama, stablecoin issuers collectively generated over $664 million, representing more than 40% of the $1.5 billion earned across crypto protocols during the month.

Tether, the issuer of USDT, emerged as the standout performer, earning $532.10 million. Close behind was Circle, responsible for USDC, which brought in $132.77 million. Together, these two companies control nearly 90% of the stablecoin market, which is now valued at over $200 billion.

Stablecoins continue to prove their utility in the crypto space by offering a buffer against market volatility. Their ability to maintain price stability has made them an essential tool for traders and a reliable link to the US dollar, especially in regions with unstable economies.

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Expert Predicts Major Crypto ETF Developments in 2025

Projections suggest the stablecoin market could expand to $400 billion by 2025, offering significant opportunities for profit. This potential growth has already attracted interest from emerging players like Ripple and BitGo, signaling increasing competition in the sector.

Alexander Zdravkov