Bloomberg, citing Artemis Analytics data, reports that the trading volume of stablecoins in 2025 will increase by 72% year-on-year, reaching a record high of $33 trillion. Among them, USDC trading volume reaches $18.3 trillion, surpassing USDT's $13.3 trillion, making it the most traded stablecoin. The report indicates that driven by pro-cryptocurrency policies of the Trump administration and legislation like the "Genius Act" for stablecoins, institutional adoption is accelerating, with Standard Chartered, Walmart, Amazon, and others exploring related issuance. Although USDT's market cap remains the largest (about $187 billion), USDC is more active in DeFi scenarios due to frequent trading, which allows the same funds to be reused multiple times. Bloomberg estimates that by 2030, the scale of stablecoin payments could reach $56 trillion.