Data: In Q1 this year, the over-the-counter cryptocurrency trading volume in the United States increased by 141% year-on-year
ChainCatcher news, according to The Block, based on Finery Markets' Q1 report, driven by the shift in U.S. regulation and increased market confidence in stablecoins, the cryptocurrency trading volume on institutional trading platforms continued its upward momentum from Q4 2024, with over-the-counter (OTC) volume increasing by 141% year-on-year and stablecoin trading activity rising by 158% year-on-year.
In the first 100 days of President Trump's administration, the trading volume between cryptocurrencies and stablecoins recorded the strongest growth, with trading volume in the first three months of 2025 increasing fivefold compared to the same period in 2024. Overall, 95.3% of trades involved Bitcoin, Ethereum, or stablecoins, and institutions have not widely adopted altcoins.
Finery analysts noted: "The differences between various types of trades indicate that institutions clearly prefer stablecoins, likely due to their enhanced utility in connecting traditional finance with the crypto space."