The Stablecoin Market of $301 Billion: Figures and Challenges
14:15 ▪ 5 min reading
Informing ▪ Stablecoin
The stablecoin market is rapidly expanding, with its total value approaching $300 billion. This growth highlights the increasing importance of stablecoins in the cryptocurrency industry. However, different data platforms report varying figures regarding the market size, demonstrating that measuring such a dynamic and fast-growing sector is not straightforward.
In Summary
The stablecoin market reached $301 billion on CoinMarketCap, while CoinGecko and DefiLlama reported slightly lower figures.
The differences in the reported totals are due to variations in how each platform calculates market capitalization.
Despite the differences in reports, the stablecoin market continues to grow and is expected to increase even further, according to forecasts.
Market Capitalization Trends on Different Platforms
Morgan Stanley, in July, reported that the market capitalization of stablecoins has grown by more than $250 billion, an increase of 22% in 2025. Since then, the market has continued to grow, with different platforms reporting varying figures:
As of September, CoinMarketCap reported that the market had risen to $301 billion.
CoinGecko recorded a slightly lower figure of $292 billion.
DefiLlama reported the market at $289 billion.
Why the Figures for the Stablecoin Market Vary Between Platforms
The differences in the reported figures are largely due to how each platform calculates market capitalization. Rafaela Romano, ambassador of the crypto analysis platform Alphractal, explained that such discrepancies are inevitable because each data platform uses its own methodology.
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