Stablecoin Boom Leaves PayPal’s PYUSD and SocGen’s EURCV Behind

The fiat-backed stablecoin market saw explosive growth from 2024 to 2025, surging over 76% and adding more than $97 billion in value to reach a record $224.9 billion. Yet, not all stablecoins benefited equally from the boom. Market Leaders Dominate the Surge The overwhelming majority of this growth was fueled by USDT (Tether) and USDC […]