Yield-Bearing Stablecoin Market Surges: 4.5% Dominates

The yield-bearing stablecoin market is experiencing explosive growth, surging to a staggering $11 billion in circulation as of May 2025. This represents a 633% year-over-year increase, overtaking the previous year’s paltry $1.5 billion and accounting for 4.5% of the entire stablecoin market. This rapid expansion is driven by investors seeking stability and earning interest in volatile crypto markets.