The stablecoin market has surged to $310.092 billion as of December 13, 2025, driven by significant increases in the market caps of USDT and USDC, which rose by $536.21 million and $613 million, respectively. This growth comes as yield-bearing tokens such as BUIDL and USDe have experienced a 9% decline over the past 30 days. Data from Stablewatch.io indicates that redemptions are currently outpacing minting, reflecting a market sentiment skewed towards risk aversion. The fear and greed index further supports this trend, showing a preference for risk-off behavior among investors.