- Stablecoins have grown from just 1% to over 14% of the crypto market since 2020, becoming a go-to safe option during ups and downs.
- Crypto use jumped 80% in South Asia, with India on top, while U.S. transactions passed $1 trillion thanks to better rules.
- Stablecoins now cover about 30% of all crypto trades, and everyday people are using them 125% more for payments and money transfers.
Stablecoins are becoming a bigger deal in crypto, and popular analyst Doctor Profit on X is calling attention to this trend. He says many people focus too much on Bitcoin’s share of the market, but the real game-changer is how much stablecoins are dominating.
According to Doctor Profit, stablecoins started at just over 1% of the market in early 2020 and jumped to more than 14% by early 2022. This happened because when the market got shaky, investors moved their money into stablecoins to play it safe.
After hitting that high point, stablecoin dominance dropped to about 6% by mid-2024 but has been climbing again since then. By late 2025, it reached 7.19%, and experts expect it to keep growing, possibly hitting 10% soon.
Global Crypto Adoption and Stablecoin Growth
Besides tracking dominance, the 2025 Crypto Adoption and Stablecoin Usage Report by TRM Labs provides context for this rise. South Asia, especially India and Pakistan, recorded an 80% increase in crypto adoption between January and July 2025, reaching about $300 billion in transaction volume.
India kept its top spot in adoption for the third year running, followed by the U.S., Pakistan, the Philippines, and Brazil. The U.S. market also saw a 50% increase in crypto transaction volume, surpassing $1 trillion during the first seven months. Regulatory progress, such as the GENIUS Act and the White House’s Digital Assets Report, supported this growth.
Furthermore, about 30% of all cryptocurrency transactions used stablecoins. Stablecoin transactions grew 83% year over year to a record $4 trillion by August 2025. With over 93% of the stablecoin market value, Tether and Circle were in control. Retail adoption accelerated sharply, with retail transactions growing more than 125% compared to last year.
TRM’s report emphasized, “In some jurisdictions, adoption has accelerated in response to regulatory clarity and institutional access; in others, it has expanded despite formal restrictions or outright bans.” This contrast highlights how crypto moves steadily into the financial mainstream. “A key trend underscoring this shift is the rise of stablecoins,” the report added.
