In 2025, non-USD stablecoins have become an important part of the cryptocurrency market, with 23 different assets processing over 20,000 weekly transactions, especially in Latin America.
Growth of Non-USD Stablecoins
Non-USD stablecoins continue to grow, particularly in developing regions. Latin America accounts for 55% of the total volume, with Brazil being the leading driver of this growth. Weekly transaction volumes reached 60,000 in early 2025.
Polygon Infrastructure
The Polygon network processes approximately 70% of all non-USD stablecoin transactions. In 2024, it maintained over 4,000 active addresses weekly, significantly outperforming competitors like Base and Ethereum.
Market Prospects
Despite lower transaction volumes compared to Tether and Circle, non-USD stablecoins show growing interest, particularly in areas with limited access to financial services. This creates opportunities for further expansion in the future.
Non-USD stablecoins demonstrate significant growth potential, particularly in Latin America. Their development on platforms like Polygon could create a solid foundation for further applications of cryptocurrency in everyday transactions.
