According to a recent analysis, the Stablecoins have managed 35 trillions in the volume of chain transactions in the last year, with their average offer that are around 195 billion.
Those numbers show how much these tokens are negotiations, loans and transfrontier transfers. Yet the questions that really count as “money” are now in the center and in the center.
Stablecoin chain traffic
Based on relationships, Stablecoins have become the work horses of the Crypto Trading. The volume has hit 35 trillion in the last 12 months. At the same time, their circulating supply remained at 194.6 billion.
That constant supply suggests that token such as USDC and USDT are parked, ready for the next move. The traders move them inside and outside Bitcoin and Altcoin. Payment platforms intertwine with digital rails. The scale is difficult to ignore.
The MD FMI deputy raise money issues
According to the CEO of FMI Bo Li, the great challenge is the classification. Are Stablecoin part of M0, M1 or a new category completely? He asked those questions at the World Economic Forum of 2025 in Davos.
Wrong could remodel the way the banks set reservations and how regulators cut bureaucracy. He also underlined that political experiments are popping up everywhere. Some of them may not survive a real stress test.
Takeaway Key: Bo Li del FMI said that regulatory uncertainty about Stablecoin persists, in particular as regards classification and application. The global financial bodies are working to align the paintings but … https://t.co/v75hfyv5px #Stablecoin #Cryptocurrency #IMF #Regulation #Finance
– entrepreneur_cm (@entrepreneur_cm) June 25, 2025
Divergent national rules
Based on political outlines, the United States are going on with the genius act. Europe has drawn up their own book of rules. In Asia, Hong Kong plans to launch his Stablecoin ordinance in August 2025.
These efforts show a strong push to make the rules clearer. But they also underline a lack of global unity.
Companies could face a series of rules in New York, another in Brussels and one third in Hong Kong. The patchwork approach risks adding costs for businesses and confusion for users.
The global organs seek cooperation
According to Bo Li’s observations, the fragmented rules involve real risks. He warned that the gaps in the application could slide the bad actors.
To avoid it, the IMF is collaborating with the Financial Stability Board and the Basel Committee. Their goal is to create a more coherent guide. If they pull it away, the regulators in different countries could follow a shared playbook rather than competing by cutting the corners.
The market continues to grow
Based on market data, Stablecoin Supply has now exceeded 250 billion. A large share of that capital is parked in Bitcoin, waiting for the next rally. Some analysts identify the graphic models that echo the first Altcoin unlocking.
This could report a new wave of negotiation through the tokens once the trust accumulates. For now, the Stablecoins sit at the center of the Crypto hydraulic system.
In the foreground image from Usplash, a tradingview graphics