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Chart of the month: Stablecoins see growing adoption

What's notable in the crypto markets?

Stablecoins are increasingly being used for payments, collateralization, treasury management, and cross-border settlement. 

The chart below shows that the total stablecoin supply has been on a steady uptrend since mid-2023, a reflection of growing demand in the market. More people are using them more frequently, for more purposes, and advocates continue to believe they will eventually become foundational for the world's financial systems. 

Read the full analysis of the latest stablecoin trends here.*

*You are leaving this site for a site supported by Fidelity Digital Assets®. Fidelity Digital Assets® is solely responsible for the information and services it provides via its website. Review the new site's Terms of Use and Privacy Policy. 

Graphics is a monthly candlestick chart for bitcoin, showing that bitcoin's recent price has held above its long-term trendline.
Chart shows the total supply in the stablecoin market has been growing since mid-2023. Source: Fidelity Digital Assets® Research via DeFiLlama, March 3, 2026.

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