@StellarOrg Q4 2025: Stablecoins.
Stellar stablecoin market capitalization grew 53% year-over-year, from $159 million to $243.6 million, primarily driven by @PayPal's launch of PYUSD on the Stellar network in September, and USDC's market capitalization growing 45% year-over-year to $223.1 million.
- In December, the Marshall Islands completed the world's first on-chain universal basic income distribution conducted by a national government on the Stellar network.
- Bank of America (@usbank) is testing a custom issuance of its own stablecoin on Stellar, highlighting the network's appeal to institutions due to its reliability (over 99.99% uptime), low cost (settlement price below $0.01), and built-in asset control mechanisms (compliant with regulatory requirements).
- In October 2025, Visa announced support for USDC, EURC, PYUSD, and USDG on Stellar. - In November, digital payment provider WirexApp (a major member of Visa) announced support for stablecoin settlements using USDC and EURC on Stellar.
- In November, Hana partnered with MoneyGram to bring USDC to the Southeast Asian market.
- In October, Crossmint released Stellar Smart Wallet V2, enabling developers to easily launch stablecoin applications using a blockchain-agnostic Web2 API. Notably, Crossmint supports MoneyGram's cross-border stablecoin infrastructure.
- In November, the SDF announced the formation of the Blockchain Payments Consortium (BPC). The BPC is an initiative aimed at achieving frictionless and compliant transactions across networks and borders. Other founding members include Fireblocks, Polygon Labs, Mysten Labs, Monad Foundation, Solana Foundation, and TON Foundation. The consortium's mission is to develop secure, universal standards to create a better payment experience for everyone.