The stablecoin market has surged to $310 billion as of December 12, 2025, marking a 70% year-over-year increase. Tether (USDT) and USD Coin (USDC) dominate the market, accounting for approximately 80% of activity. Recent studies indicate a shift in institutional use of stablecoins from speculative purposes to practical applications, primarily in cross-border settlements and corporate payments. Industry analysts predict that if major financial institutions further integrate stablecoins, the supply could reach $2 trillion by 2028.