Stablecoin users saw a 53% increase in just one year. According to a joint report by Artemis and Dune, the number of active stablecoin wallets grew from 19.6 million in February 2024 to 30 million by February 2025.
53% Growth in Active Stablecoin Wallets!
Artemis and Dune’s report titled “The State of Stablecoins 2025: Supply, Adoption & Market Trends” revealed that from February 2024 to February 2025, active stablecoin addresses increased by 53%. This growth suggests wider user engagement. The report also highlights that stablecoins have emerged as a bridge between traditional finance and crypto, becoming a critical component of digital finance by 2024.
You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!
The rise in institutional adoption, increased use of stablecoins in payments, decentralized finance (DeFi), and their broader accessibility have been major factors driving the growth in active stablecoin wallets.
The report also noted an increase in the total supply of stablecoins. In February 2024, stablecoin supply stood at $138 billion, but by February 2025, this figure reached $225 billion, marking a 63% increase year-on-year. Unlike other crypto assets, stablecoins maintain a value of $1, meaning their market capitalization aligns closely with their total supply.
Monthly Transfer Volume Grew by 115%!
Stablecoin’s monthly transfer volume also experienced significant growth. From $1.9 trillion in February 2024, it increased to $4.1 trillion by February 2025, representing a 115% year-on-year increase. The highest recorded volume occurred in December 2024, when volumes peaked at $5.1 trillion, followed by a decline in 2025. Overall, stablecoins facilitated $35 trillion in total transfers over the past year.
Despite explosive growth in other metrics, the average transfer size for stablecoins showed minimal increase. The average transfer size moved from $676,000 in 2024 to $683,000 in 2025. However, there were spikes, such as in May, where the average reached $2.6 million, and in July, it reached $2.2 million, indicating increased whale and institutional activity with stablecoins.
You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.