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2025’s Stablecoin Shifts: Massive Outflows for Tether, Big Gains for USD0 and USDX

The stablecoin market, currently valued at $206 billion according to defillama.com, has experienced notable shifts, including growth in the first six days of 2025. Nearly $4 Billion Vanishes as Tether and Ethena Decline...

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2025’s Stablecoin Shifts: Massive Outflows for Tether, Big Gains for USD0 and USDX
The stablecoin market, currently valued at $206 billion according to defillama.com, has experienced notable shifts, including growth in the first six days of 2025. Nearly $4 Billion Vanishes as Tether and Ethena Decline in Early 2025 Among the top ten stablecoins, tether (USDT) and ethena usd (USDE) recorded significant outflows, collectively amounting to nearly $4 […]

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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