TLDR
- The total stablecoin supply has reached a record-breaking $283.2 billion, marking significant growth in the digital asset sector.
- The number of monthly stablecoin senders has surged to an all-time high of 25.2 million, reflecting increased adoption.
- In 2025, stablecoin startups have raised $621.81 million, seven times more than the total raised in 2024.
- OSL Group secured a $300 million investment in July, further expanding its global operations in the stablecoin market.
- The passage of the GENIUS Act has provided much-needed regulatory clarity, which has legitimized the stablecoin industry.
The stablecoin market has reached new heights, with the total supply reaching $283.2 billion. In addition, the number of stablecoin senders has climbed to 25.2 million, a record number. These milestones signal a strong growth phase for stablecoins as demand for digital assets continues to rise.
Stablecoin Startups Raise $621.81 Million in 2025
Startups working on stablecoin projects raised an impressive $621.81 million in funding so far in 2025. This figure is significantly higher than the $84 million raised throughout 2024. The surge in investments shows the increasing interest in stablecoin technology and its potential.
The biggest deal came from Hong Kong’s OSL Group, which secured $300 million in July. The funding will help expand operations into global markets. This massive deal highlights how stablecoins are becoming an integral part of the financial landscape.
According to Ron Tarter, CEO of MNEE, the GENIUS Act passed earlier this year provided much-needed clarity. “It’s a green light for corporate America,” Tarter said, emphasizing that the law has legitimized the stablecoin industry. As a result, more businesses are investing in stablecoin projects, further fueling growth in this sector.
Banking Lobby Opposes Stablecoin Interest Rewards
Stablecoins have gained significant attention from traditional financial institutions, especially following regulatory clarity. Wall Street’s interest in stablecoins is growing, with firms like Circle, Stripe, and JPMorgan exploring their potential. Circle raised $1 billion during its public offering, marking a significant moment in the evolution of stablecoin technology.
At the same time, global banks are developing their own stablecoins. Citigroup, Wells Fargo, and Bank of America are building their own digital currencies. Additionally, JPMorgan confirmed the release of its JPMD coin, built on the Base blockchain, further solidifying stablecoins’ place in the financial industry.
Despite the growing interest, some banking lobby groups oppose the stablecoin boom. They argue that the GENIUS Act gives stablecoin firms an unfair advantage. These firms can offer interest-like rewards, which traditional banks are restricted from doing. The banking sector fears that this could divert trillions of dollars from traditional bank deposits.
The launch of Plasma One by Bitfinex-backed Plasma signals a new phase for stablecoin adoption. Plasma One is a neobank designed for stablecoin users. The app offers zero-fee transfers, card payments with built-in rewards, and instant issuance of virtual cards.
Murat Firat, Plasma’s Head of Product, emphasized that “infrastructure alone is not enough” to drive adoption. He called for better interfaces to enhance the user experience, which will be crucial in making stablecoins a part of everyday financial transactions.
