The stablecoin market reaches 228 billion dollars: Breakthrough from small businesses to large corporations

According to a recent study, the stablecoin market has reached an all-time high, with a total market capitalization of 228 billion USD, marking the strong development of this asset class over time. This growth has been driven by a wave of adoption from Fortune 500 companies and major international organizations, key partners that have begun integrating stablecoins into their financial operations due to the speed and efficiency it offers. Since the beginning of 2025, the total market capitalization of stablecoins has increased by an additional 33 billion USD, equivalent to a growth rate of 17%.

The Transformation of Major Financial Institutions

Leon Weidmann, head of research at Onchain Foundation, believes that the current expansion of the stablecoin market reflects a growth cycle that shows no signs of ending. According to him, the strong increase in this market comes not only from traditional financial institutions but also from large technology companies that are beginning to explore and apply digital currency solutions to their operations.

The new high for the stablecoin market occurred at the same time as Bitcoin fluctuated near its all-time high price, reaching 110,000 USD for a brief period before adjusting down to 107,000 USD. This not only demonstrates the stability of the market but also affirms the great potential of cryptocurrencies, especially stablecoins, amid the volatility of other digital currencies.

One of the notable events in the development of the stablecoin market is the entry of global banks into the game. France's third-largest bank, Société Générale (SocGen), has announced plans to launch USD CoinVertible, a publicly available stablecoin pegged to the US dollar through its digital asset division SG-FORGE. This is the first major international bank to publicly and regulatedly enter the stablecoin field. The stablecoin is expected to be issued in July and will operate on the Ethereum and Solana blockchains, opening a new avenue for financial institutions in using blockchain and digital currency.

Meanwhile, in the US, US Bancorp has just relaunched its cryptocurrency custody services, a decision that CEO Gunjan Kedia believes reflects the growing demand from institutions. This move comes against the backdrop of policy changes under the Trump administration, when he dismantled some of the SEC's restrictions on the crypto market, which the Biden administration had imposed earlier. This adjustment has created a more favorable environment for the development and expansion of stablecoins in the US market.

Not only in Western markets, but in Asia as well, major financial companies are actively participating in the stablecoin trend. Ant Group, the financial company affiliated with Alibaba, has been seeking licenses to issue stablecoins in regions such as Singapore, Hong Kong, and Luxembourg. This is part of Ant Group's strategy to expand and increase its presence in the blockchain field. This deployment is expected to create a strong push for the adoption of stablecoins in the rapidly developing economies of the region.

Stablecoin: Expanding from Fortune 500 to Small and Medium Enterprises

According to a recent study by Coinbase, interest in stablecoins among Fortune 500 companies has tripled in the last 12 months, from 8% in 2024 to 29% in 2025. This is a clear signal of a shift in mindset among large enterprises as they recognize the advantages of stablecoins, especially regarding low transaction fees and fast payment speeds, which traditional banking systems struggle to meet.

Source: CoinbaseNot only large corporations but also small and medium enterprises (SMEs)( are beginning to pay attention to the application of stablecoins in their business operations. A report from Coinbase shows that 81% of SMEs express interest in using stablecoins, a significant increase from 61% last year. Even 46% of these businesses indicated they are likely to use cryptocurrency within the next three years, reflecting a new trend in adopting digital financial solutions as a bridge between the digital economy and traditional finance.

The stablecoin market is witnessing remarkable growth, especially in the context of large financial institutions and technology companies expanding their applications. With strong development from Fortune 500 organizations to small and medium-sized enterprises, stablecoins are not just a temporary trend but are becoming an important part of the global financial system. As policies and infrastructure continue to improve, the growth potential of the stablecoin market is sure to be even greater in the coming years.

Justin