Stablecoin Boom: $228Bn, Banks and Corporates Enter

According to a recent study, the stablecoin market has reached an all-time high of $228 billion, driven by a wave of acceptance by Fortune 500 companies and large international institutions, which are increasingly adopting digital currencies for their rapidity and efficiency. Since the beginning of 2025, the total market capitalisation of stablecoins has increased by $33 billion, or +17%.

This expansion indicates that the current market cycle is "far from being over", according to Leon Weidmann, head of research at the Onchain Foundation.

This milestone comes as Bitcoin hovers just below its all-time high, briefly touching $110,000 before correcting to $107,000.

The Global Banks, from Paris to Asia, Enter the Stablecoin Arena

The use of stablecoins in mainstream finance is growing strongly: France's third largest bank, Société Générale, has announced plans to launch USD CoinVertible, a publicly tradable, dollar-anchored stablecoin through its SG-FORGE digital asset division.

SocGen is now the first major international bank to enter the stablecoin business publicly and in a regulated manner. The launch is scheduled for July and the token will be available on the blockchains of Ethereum and Solana.

Returning Crypto for US Bancorp with Trump

With the pro-crypto administration of Donald Trump, US Bancorp has reactivated its cryptocurrency custody service in the United States. According to CEO Gunjan Kedia, institutional demand is increasing as Trump has revoked many of the restrictions imposed by the SEC during the Biden administration, which had caused the product to stall.

Ant Group Aggressive On Stablecoins In Asia And Europe

Ant Group, a financial giant affiliated with Alibaba, is also seeking licenses for stablecoins in Singapore, Hong Kong and Luxembourg. According to Bloomberg, this is one of the most aggressive initiatives by a Chinese company in the stablecoin sector, part of a broader strategy to strengthen its presence in the blockchain.

Fortune 500 Interest in Stablecoins Triples

The appeal of stablecoins goes beyond financial institutions and cryptocurrency enthusiasts. According to recently released research by Coinbase, the percentage of Fortune 500 companies interested in stablecoins has more than tripled in the past 12 months, rising from 8% in 2024 to 29% in 2025. High fees and the slowness of traditional banks were cited as the main reasons.

Small and medium-sized enterprises (SMEs)are also joining the trend: 81% of SMEs surveyed said they were interested in using stablecoin, up from 61% the year before. In addition, 46% said that they are likely to use cryptocurrencies within the next three years, highlighting the growing role of stablecoins as a bridge between the digital economy and traditional finance.