Global Stablecoin Supply Reaches $294.3 Billion – Peak Level for 2025
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Stablecoin Supply Growth: The total stablecoin supply has reached a record $294.3 billion, marking a 4.4% increase in October 2025, driven by major issuers like Tether, Circle, and Ethena.
Market Dynamics and Trends: The rise in stablecoin circulation indicates a shift towards stablecoin-based settlements and increased liquidity in the crypto market, as new entrants like PayPal's PYUSD and Ripple's USD-backed stablecoin diversify the issuer landscape.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.








