In the first half of the year, stablecoins accounted for 74.6% of the total volume of institutional OTC Trading, with USDC trading volume rising 29 times year-on-year.

PANews, July 3rd – According to a report by The Block, Finery Markets' latest report shows that in the first half of 2025, stablecoins accounted for 74.6% of institutional OTC Trading volume, up from 46% in the same period last year and 23% in 2023. Among them, USDC performed exceptionally well, with a year-on-year rise in volume by 29 times driven by the EU MiCA regulations. The report is based on an analysis of 4.1 million transactions on the platform from January to June. Institutional trading shows three major trends: the overall OTC trading volume has increased by 112.6% year-on-year, stablecoin trading volume has risen by 154%, and the liquidity of cryptocurrency and stablecoin trading pairs surged by 277.4%, far exceeding the 48.5% growth rate of fiat currency trading pairs. In addition to mainstream assets, altcoins such as Cardano and Solana collectively account for 16.7% of the market share. Analysts state that this makes stablecoins the fastest-growing sector in the cryptocurrency market.