2026-01-18 07:23:57

In January 2026, the total market capitalization of the global stablecoin market surpassed $317 billion. But behind this number, there is a much deeper story.

Circle's USDC surged 73% in 2025, completely outpacing Tether's USDT (only 36%) for two consecutive years. Even more exciting, in December 2025, Visa announced the launch of USDC settlement services in the United States — you heard that right, the world's largest payment network is now using stablecoins.

Imagine this scenario: BlackRock, managing $10 trillion in assets, is issuing a chain-based money market fund, while JPMorgan Chase settles $3 billion daily via blockchain. What exactly are these traditional financial giants planning?

In March 2024, BlackRock introduced something called BUIDL — a tokenized money market fund issued directly on a public chain. This isn't their first encounter with blockchain, but it is definitely the most aggressive. BUIDL holds U.S. Treasuries and cash, maintaining a $1 net asset value, and distributes earnings to holders monthly.

The data speaks for itself: BUIDL broke $1 billion in March 2025, becoming the first on-chain fund to reach this level. By the end of 2025, its size skyrocketed to over $2 billion. Now, it is the largest tokenized fund, bar none.

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ApeEscapeArtist

· 6h ago

Wow, BlackRock really got it this time. BUIDL grew from 1 billion to 2 billion in just a few months? Traditional finance has finally woken up.

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StableCoinKaren

· 6h ago

USDC's surge this time is really fierce, even Visa has started using it? Traditional finance is really being forced to jump on board... Wait, BUIDL has increased 20 times in two years? Is that reasonable? Tether seems to be more and more like yesterday's story. Circle really seized the opportunity this time; it seems choosing the right track is really crucial. BlackRock's entry is a signal, isn't it? The stablecoin market is about to change. USDC up 73%, why didn't I keep up with the pace...

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GasFeeCryBaby

· 6h ago

BlackRock and JPMorgan really treat blockchain as a toy; this is the true on-chain revolution. I knew the pattern was changing the moment USDC outperformed USDT. Visa settling with stablecoins? Traditional finance has finally bowed down. BUIDL grew from one billion to two billion, the growth rate is truly impressive. Major institutions are quietly laying out plans, retail investors are still watching K-line charts... But honestly, this wave of stablecoin ecosystem explosion has only just begun. USDC surged by 73%, Circle has a pretty good grip on this. JPMorgan settles 3 billion daily; Web3 is no longer just a dream. BlackRock's tokenized fund move is too ruthless. When traditional financial giants enter the market, the market landscape is completely rewritten.

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GasFeeSobber

· 6h ago

This round, USDC really won. Visa has entered the market, while Tether is still snoozing. Traditional finance is starting to get serious.

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Layer2Observer

· 6h ago

Wait, is the 73% increase in USDC really due to product strength or just capital rotation? The comparison between 73% and 36% looks impressive, but one needs to clarify—what was the overall market growth during the same period? Relative returns are only meaningful in that context.

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