USDT, USDC Lead $45B Stablecoin Inflows This Quarter
- USDT and USDC lead with $45B inflows this quarter.
- Changing market dynamics in stablecoin sector.
- Key leadership and market implications noted.
USDT and USDC together influenced over $45 billion in stablecoin inflows last quarter, indicating dominance in the market, as reported via Telegram.
The significant stablecoin capital influx signifies market dynamics change, affecting liquidity and regulatory approaches, as seen with decreased dominance from 92% in 2023 to 84% in 2025.
USDT and USDC dominated the stablecoin inflow landscape by attracting over $45 billion in the last quarter. This highlights a strategic shift within the stablecoin market, which now surpasses ForkLog reports $300 billion in market capitalization.
The leading players, Tether and Circle, drive these inflows. Tether’s USDT attracted $19.6 billion, while Circle’s USDC accounted for $12.3 billion. Market share dynamics indicate a trend towards diverse stablecoin options.
Stablecoin inflows bolster liquidity for decentralized finance protocols, particularly on Ethereum and TRON networks. Elevated trading volumes reflect capital trust in these assets, critical for maintaining exchange settlements.
Institutional investors appear intellectually engaged, as evidenced by Circle’s IPO valuations significantly increasing. There’s a marked impact on liquidity provisioning and collateral choices within these networks.
Ethereum and TRON capture the bulk of stablecoin transactions, but Solana and others show growth too. The growing preference for non-U.S.-centric options suggests wider adoption beyond traditional hubs.
Regulatory adaptations and transparency efforts are emphasized by Tether and Circle leadership. Historical commentary suggests compliance and expansion remain core strategies, potentially steering future market evolutions.
Nic Carter’s insights
USDT and USDC together account for ~84% of total stablecoin supply, down from a 92% peak.
