Stablecoin growth quickens in 2025 as illicit use declines and retail leads demand

In 2025, stablecoin transfer volumes climbed above $4 trillion while illicit flows tied to these assets fell by about 60% year over year, according to TRM Labs' Crypto Adoption and Stablecoin Usage Report. Stricter enforcement and the rise of regulated issuers are helping curb misuse. Surging retail participation is pushing stablecoins toward mainstream use in everyday payments and savings.