Stablecoins now represent over 8% of the total crypto market cap, marking a 3% increase year-over-year as investors seek stability amid volatility.
This growing adoption is driven by regulatory clarity, institutional interest, and increased use in DeFi, remittances, and cross-border payments.
According to CryptoPresales.com, stablecoins’ rising dominance reflects a broader shift toward low-risk crypto assets, signaling their increasing role in the digital economy.
Tether’s Market Share Jumps 33%, Ethena USD Sees Explosive Growth
Stablecoins have long been a safe spot for traders and investors, offering a hedge against price swings, and 2025 proved this trend again. After a spike in January, February saw crypto prices nosedive, fueling a surge in trading activity. Although some investors took the opportunity to buy cryptocurrencies at lower prices, many engaged in panic selling, flocking to stablecoins for security.
The CoinMarketCap monthly trading volume ranking proves this. Tether, the world`s largest stablecoin by market cap, saw a massive 48% spike in trading volume, soaring to a whopping $4.15 trillion in February. However, Tether’s market share also increased significantly. According to CryptoPresales analysis based on CoinMarketCap, Coingecko, and Defillama data, Tether alone now makes 4.86% of the total crypto market cap, or 33% more than last March. Most other major stablecoins have also seen their market shares grow.
Statistics show that USDC now holds 1.99% of the total crypto market cap, up from 1.1% a year ago. Dai’s market share remained the same, standing at around 0.18%, while Ethena USD was the standout performer. Last week, the market cap of the synthetic stablecoin operating on the Ethereum blockchain stood at $5.41 billion, making up 0.18% of the total crypto market cap, a fourfold increase from 0.04% last March.
Statistics show the combined market cap of all stablecoins reached $229 billion last week, making up 8.05% of the overall crypto market, up from 5.13% in March 2024.
Bitcoin`s Market Share Also Grows While Altcoins Lose Ground
Just like stablecoins, Bitcoin, the world’s largest and most expensive crypto, has also seen its market share grow. Last week, Bitcoin made 58.7% of the total crypto market cap, up from 49.6% last March.
On the other hand, many altcoins are losing ground as ongoing uncertainty and market volatility push investors to more stable, reliable assets. Last week, the total market cap of altcoins stood at $1.19 trillion, making up 40.3% of the total crypto market cap, and marking a 2.4% drop year-over-year.