Dune&Artemis：2025年稳定币市场报告：供应、采用与市场趋势（英文版）

Stablecoins have emerged as a critical component of digital financial infrastructure, serving as a bridge between traditional finance (TradFi) and the crypto economy. Their 1:1 peg to assets like the U.S. dollar or Euro provides a globally accessible store of value, facilitates efficient cross-border transactions, and enhances liquidity across digital asset markets. As of February 2025, the total stablecoin supply has reached $214 billion, with $35 trillion in transfer volume over the pa