The stablecoin market capitalization reached $300 billion on one platform, while others reported lower figures. This underscores the complexities in measuring such a rapidly growing sector.
Discrepancies in Capital Estimates
CoinMarketCap (CMC) reported the stablecoin market valuation at $300 billion, whereas CoinGecko noted $291 billion and DefiLlama $289 billion. These discrepancies point to significant variations among leading crypto data platforms.
Different Methodologies - Different Numbers
According to Rafaela Romano, an ambassador at the analytics platform Alphractal, these differences arise due to various methodologies used by each platform. CMC tracks roughly 150 stablecoins, while CoinGecko and DefiLlama cover about 300, resulting in differing metrics.
Growth Perspectives of Stablecoins
As stablecoin capitalization surges, experts note that mainstream adoption has yet to occur. Despite optimistic projections suggesting a rise to $400 billion by late 2025, significant barriers remain, including regulatory concerns and transparency issues.
Thus, the stablecoin market exhibits rapid growth, yet the discrepancies in data and calculation methods indicate a need for more thorough analysis and standardization of approaches.
