Data: Tether's USDT revenue is expected to reach $5.2 billions in 2025, with stablecoins accounting for over 60% of the market capitalization.
ChainCatcher news, according to CryptoNews, Coingecko data shows that Tether stablecoin USDT is expected to generate $5.2 billion in revenue in 2025, accounting for 41.9% of all stablecoin-related revenue, surpassing competitors such as Circle, Hyperliquid, Pump.fun, Ethena, Axiom, Phantom, and PancakeSwap. Among the top ten protocols by revenue, the top four entities alone generate 65.7% of the total revenue, equivalent to about $8.3 billion.
In terms of stablecoin market capitalization, Tether remains in the lead, accounting for 60.1% of the total stablecoin market cap, approximately $187 billion, followed by Circle's USDC, which accounts for 24.2%, or about $72.4 billion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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