Stablecoin users grew 53% a year: Report

A joint report of Onchain Artemis and Dune review platforms showed that active stablecoin wallets increased by more than 50% a year.

The report, titled “The State of Stablecoins 2025: Supply, Adoption & Market Trends,” shown From February 2024 to February 2025, active addresses rose from 19.6 million to 30 million. It represents a 53% increase of year-on-year.

Onchain review platforms say this expansion suggests a greater contact with the user. The report added that in 2024, Stablecoins emerged as a bridge between traditional finances and crypto, which became a critical component of digital finances.

In addition to the increased institutional adoption, the growing use of stablecoins in payments and decentralized finances (DEFI) and greater access has been mentioned because some of the factors that develop stablecoin’s active addicted addresses.

Related: Rising $ 219B Stablecoin Supply Signals Mid-Bull Cycle, Not Market Top

Total stablecoin supply increased by 63% a year

In addition to the number of active addresses, the total supply of stablecoins also increased. The report featured that in February 2024, Stablecoins had a total supply of $ 138 billion. However, in February 2025, the supply reached $ 225 billion, showing a 63% year-to-year growth.

Unlike other crypto assets, Stablecoins maintains a value of $ 1, which means their market capitalization is similar to their total supply.

In addition to other metrics, the stablecoin monthly moving volume increases at the same time as the frame. In February 2024, the monthly moving month of Stablecoins was $ 1.9 trillion. It rose to $ 4.1 trillion in February 2025, an 115% year-to-year increase.

The highest recorded volume for Stablecoins occurred in December 2024, when volumes reached $ 5.1 trillion. However, this was followed by a denial in 2025. In total, Stablecoins facilitated $ 35 trillion in total last year’s shift.

While other metrics showed explosion growth, the average transition size for stablecoins showed a slight increase. The figure moved from $ 676,000 from 2024 to $ 683,000 after one year.

Despite this, the scale showed spikes in May, where it reached $ 2.6 million and in July, when it recorded $ 2.2 million. It suggests increased whale or institutional activity with stablecoins.

Artemis and Dune analysts say that the changing -change indicates the widespread use of stablecoins in retail and institutional transactions.