Stablecoins are transitioning from fringe tokens to one of the most reliable categories of cryptocurrency products. By 2025, the total supply of stablecoins is approximately $273 billion.
The Dominance of Distribution
Analysis shows two clear market leaders in stablecoins: USDT and USDC. Tether (USDT) holds approximately $164 billion, accounting for about 60% of all stablecoins, while USDC (Circle) has around $64 billion, representing about 25% market share. Together, they control nearly 85% of the market, thanks to institutional adoption and regulatory alignment.
Fragmented Liquidity
While the top 2 stablecoins thrive, many new projects face limitations. Most new stablecoins are chain-specific, restricting their access to a wider user base. Limited liquidity is a major growth barrier, and projects cannot cross to other chains, encountering growth ceilings.
Unified Liquidity through Avail Nexus
Avail Nexus provides a coordination layer for cross-chain assets, allowing stablecoins to operate without fragmenting liquidity. This solution enables the seamless movement of stablecoins between networks and applications, increasing overall availability and liquidity, significantly expanding the total addressable market.
Stablecoins are becoming the backbone of the cryptocurrency market, but growth depends on liquidity. Integrating tools like Avail Nexus can significantly boost capitalization, making them more competitive.
