Stablecoins & CBDCs Report - February 2025

CoinDesk Data's Stablecoins & CBDCs Report provides readers with a comprehensive analysis of the latest developments surrounding stablecoins and CBDCs, featuring data-driven insights into market capitalisation, trading volumes, peg deviations, regulatory changes, and more.

• The total market capitalisation of stablecoins rose 4.02% to $226bn, recording the seventeenth consecutive increase in end-of-month market capitalisation.
• Stablecoins market cap dominance rose to 7.67% as major digital assets fell to yearly lows amid fears over new U.S government’s tariff policies.
• The market capitalization of Circle’s USDC rose 6.46% to $56.6bn, recording a new all-time high for the stablecoin.