In 2025, 59 new stablecoins will be launched, and the market will enter a phase of explosive diversification.

According to data from Stablewatch, in 2025, at least 59 new stablecoins were launched, reflecting the increasingly fierce competition in the stablecoin market.

These stablecoins are divided into four main groups. The largest group is cryptocurrency-backed stablecoins, with 22 projects, such as USDf and DUSD. Next are 16 stablecoins backed by U.S. Treasury bonds, including notable names like RLUSD from Ripple and USD1 from WLFI.

Additionally, the market features 16 stablecoins not pegged to USD, including those linked to euro and yen, such as DEURO and JPYC, indicating a trend toward currency diversification within the stablecoin ecosystem. The remaining group consists of 5 projects with other models.

This explosion demonstrates that stablecoins continue to be a rapidly growing sector, playing a key role in payments, DeFi, and global digital finance.