Stablecoins Dashboard

The stablecoin market in 2025 comprises a diverse array of fiat-backed, DeFi-backed, and algorithmic stablecoins, each with distinct financial structures and regulatory exposures. Market capitalization serves as a primary measure of scale and liquidity, with major fiat-backed coins such as USDT and USDC leading in both adoption and transactional volume. Velocity metrics (quantifying the rate of stablecoin turnover) offer insight into their real-world utility and the intensity of market activity.

Transparency scores evaluate the quality and openness of reserve disclosures and operational practices, which are essential for establishing trust and meeting regulatory requirements. The risk of regulatory breach reflects each stablecoin's vulnerability to evolving legal frameworks, including landmark policies like the EU’s MiCA and the US Stablecoin Act, both of which have direct implications for market access and systemic stability.

Depeg risk assesses the probability of a stablecoin deviating from its intended value, a critical component in systemic risk analysis. Scenario-based stress tests (spanning regulatory bans, depeg events, yield restrictions, and transparency mandates) provide a quantitative approach to modeling potential financial impacts on both individual stablecoins and the broader ecosystem.