đ„ 2025 has been a banner year for stablecoins.
The market has grown from $205 billion to $263 billion, driven by new US regulatory frameworks and even a presidential stablecoin launch.
@Tether_to maintains dominance with 62% market share, growing from $137B to $162B... đ§”
@circle's $USDC grew from $44B to $65B while its stock surged from $31 to $192, giving the company a $47B valuation.
Meanwhile, Tether benefits from Commerce Secretary Howard Lutnick's connection - he previously led Cantor Fitzgerald where Tether keeps much of its reserves.
Trump's World Liberty Financial launched USD1, which quickly reached $2.2B market cap after being chosen for MGX's $2B investment in @binance.
â ïž However, unlike other stablecoins, USD1 maintains $0 in excess reserves, potentially increasing risk to users,
TrueUSD faced chaos after investing nearly all reserves into speculative assets that denied redemptions.
đ Justin Sun had to bail it out despite insisting he doesn't own it.
First Digital USD fell from $2.1B to $1.45B as its issuer was targeted by Sun's anger over $TUSD
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