Ark Report: Stable Coin volume surpassed 15 trillion USD in 2024, surpassing payment giants Visa and Mastercard

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ARK Invest recently pointed out in its 'BIG IDEAS 2025' research report that Stable Coin harvested a huge rise in 2024, with the total volume of the entire Stable Coin market reaching $15.6 trillion in 2024, 119% and 200% of the volumes of traditional payment giants Visa and MasterCard, respectively. What else is worth following in the Stable Coin field in 2024? According to the ARK Invest report, the key points worth following in the entire Stable Coin field in 2024 are: 1. The historical high in Stable Coin volume in December 2024. In December 2024, the volume of Stable Coin once again reached a historical high, with a monthly volume of $2.7 trillion and a daily volume of up to $270 billion. 2. Ethena Labs rose the fastest. ARK Invest mentioned that in the Stable Coin projects supported by illegal coins, Ethena (ENA) has already occupied a significant share: In the past 12 months, ENA's Market Cap has reached $6 billion. According to the market situation, products launched by ENA can provide a maximum return rate of 20% to 30%. After the success of ENA in Ether, it is expanding to Solana and BTC. 3. Tether's outstanding financial performance. As the issuer of the US dollar Stable Coin USDT, Tether, with fewer than 200 employees, reported a profit of $5.2 billion in the first half of 2024. According to the S&P Financial Select Industry Index, in the first half of 2024, only Berkshire Hathaway, JPMorgan Chase, Bank of America, and Wells Fargo Bank had a net income exceeding Tether. 4. Stable Coin is driving the demand for U.S. bonds. ARK Invest further pointed out that in the current global trend of de-dollarization and globalization, Stable Coin has significantly increased the demand for U.S. government bonds. As of December 2024, the two major Stable Coin issuers, Tether and Circle, held the 20th largest amount of U.S. bonds globally. Related reports on low-risk Arbitrage, the inventory of emerging 'earning' Stable Coins, encryption lawyers: Is the latest Hong Kong Stable Coin law an innovative catalyst or a regulatory shackle? Citibank: BTC will not end the dominance of the U.S. dollar, and the popularization of Stable Coin will instead consolidate the dominant position of the U.S. dollar.

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