Report: In the first half of the year, stablecoins accounted for 74.6% of institutional OTC trading volume, with USDC trading volume increasing 29 times year-on-year
ChainCatcher news, according to The Block, Finery Markets' latest report shows that in the first half of 2025, stablecoins accounted for 74.6% of institutional OTC trading volume, up from 46% in the same period last year and 23% in 2023. Among them, USDC performed particularly well, with trading volume increasing 29 times year-on-year under the push of the EU MiCA regulations. The report is based on an analysis of 4.1 million transactions on the platform from January to June.Institutional trading shows three major trends: overall OTC spot trading volume increased by 112.6% year-on-year, stablecoin trading volume grew by 154%, while the trading volume of cryptocurrency and stablecoin pairs surged by 277.4%, far exceeding the 48.5% growth rate of fiat currency trading pairs.In addition to mainstream assets, altcoins like Cardano and Solana together accounted for 16.7% of the market share. Analysts say this makes stablecoins the fastest-growing segment in the cryptocurrency market.