Stablecoin Market Cap Reaches New High: From $400 Million to $300 Billion

The stablecoin market has witnessed an unprecedented surge, surpassing the $300 billion mark in market capitalization on October 3, 2025, according to DefiLlama. This milestone signifies a significant growth trajectory for the sector, which saw year-to-date growth of 46.8%, exceeding last year’s impressive 58% expansion. To reach the same level as last year’s gains, stablecoins would need to add approximately $23 billion more by year-end. This rapid growth was fueled by robust inflows and a favorable environment for crypto adoption.