$10B profit 9 months 2025
USDT TetherLong
Tether $10B profit through Q3 2025
Source: AlphaPoint
$140B market cap 2025
USDT TetherLong
USDT $140B late 2025
Source: Zebpay
$14B+ supply 2025
USDe EthenaLong
Ethena USDe $14B+ from $6B
Source: AlphaPoint
$33T transactions 2025
Industry StatsLong
Stablecoin tx $33T 2025 +72% YoY
Source: MEXC
$45T annual transactions
Industry StatsLong
$45T annual stablecoin tx volume
Source: AlphaPoint
$5B+ DAI in circulation
DAI SkyLong
DAI $5B+ in circulation
Source: Bitget
30% on-chain volume stablecoin
Industry StatsLong
Stablecoins ~30% on-chain volume 2025
Source: MEXC
50+ assets in category
Yield BearingLong
50+ yield-bearing stablecoin assets
Source: DLNews
Aave lending
Yield StrategiesIncome
Aave decentralized lending protocol
Source: Eco
Algo stablecoin failure 2022
RisksShort
Algorithmic Luna/UST failure May 2022
Source: Bitget
Average ~5% yield
Yield BearingIncome
Avg yield ~5% slightly above MMF
Source: AlphaPoint
BNB Chain stablecoin tx
Cross-ChainLong
BNB Chain large stablecoin transaction volume
Source: Chainflip
BUIDL BlackRock fund
OtherIncome
BlackRock BUIDL tokenized fund
Source: DLNews
BVI offshore issuer
USDT TetherMulti
Tether BVI-domiciled outside US reg
Source: Zebpay
Bank-issued stablecoins
FutureLong
Bank-issued stablecoins coming GENIUS Act
Source: DLNews
Bitget dual currency 10-20%
Yield StrategiesIncome
Bitget dual currency 10-20% APY
Source: Bitget
CCTP Cross-Chain Transfer
USDC CircleMulti
Circle CCTP - native burn-and-mint cross-chain
Source: DLNews
Cash + repos + Treasuries
USDC CircleLong
USDC backed cash + overnight repos + Treasuries
Source: AlphaPoint
CeFi USDC USDT 4-9% APY
Yield StrategiesIncome
CeFi platforms 4-9% APY USDC/USDT lending
Source: Bitget
Centralization issuer risk
RisksShort
Centralized issuer risk (USDT USDC PYUSD)
Source: encyclopedia
Chainflip lending Feb 2026
Cross-ChainMulti
Chainflip lending live Feb 2026
Source: Chainflip
Circle IPO June 2025 NYSE
USDC CircleMulti
Circle IPO NYSE June 2025
Source: AlphaPoint
Coinbase 3.5-5% USDC
Yield StrategiesIncome
Coinbase USDC savings 3.5-5% APY
Source: Bitget
Compound algo lending
Yield StrategiesIncome
Compound algo lending - <5% borrow
Source: AlphaPoint
Counterparty CeFi risk
RisksShort
CeFi platform counterparty risk
Source: Eco
Cross-border payments cheap
Use CasesLong
Cross-border payments cheap + fast
Source: MEXC
Curve stablecoin AMM
Yield StrategiesIncome
Curve stablecoin trading + LP
Source: Eco
DAI MakerDAO oldest decentralized
DAI SkyLong
DAI - largest decentralized stablecoin
Source: Bitget
DAI USDS evolution
DAI SkyMulti
DAI to USDS - Sky migration
Source: encyclopedia
DAO treasury cash alt
Use CasesLong
YB stablecoins as DAO cash alternative
Source: DLNews
DEX trading pair
Use CasesLong
Stablecoins as DEX trading pair
Source: MEXC
DeFi $26B vs CeFi $17B Q2 2025
DeFi TVLLong
DeFi TVL $26B > CeFi $17B Q2 2025
Source: Eco
DeFi 3-25% wide range
Yield StrategiesIncome
DeFi 3% basic to 25% complex strategies
Source: Eco
DeFi collateral primary
Use CasesLong
Stablecoins are primary DeFi collateral
Source: DLNews
DeFi total $153B 2026
DeFi TVLLong
DeFi total ecosystem $153B 2026
Source: Eco
Delta-hedge perpetuals
USDe EthenaMulti
Delta-hedged ETH long + perp short
Source: Zebpay
Depeg risk SVB-style
RisksShort
Depeg risk - SVB Mar 2023 USDC
Source: AlphaPoint
Diversify across types/chains
StrategyMulti
Diversify across stablecoin types + chains
Source: Zebpay
Eco protocol stablecoin routing
Cross-ChainMulti
Eco protocol cross-chain stablecoin routing
Source: Eco
FDUSD First Digital USD
OtherMulti
FDUSD First Digital USD - HK
Source: encyclopedia
Faster settlement vs SWIFT
Use CasesLong
Faster than SWIFT correspondent banking
Source: AlphaPoint
Funding rate harvest
USDe EthenaIncome
Captures funding rate spreads
Source: Zebpay
GENIUS Act US 2025
RegulationMulti
GENIUS Act US stablecoin framework 2025
Source: DLNews
Grant Thornton attestations
USDC CircleMulti
Monthly Grant Thornton attestations
Source: Bitget
Hong Kong Stablecoin Ord May 2025
RegulationMulti
HK Stablecoin Ordinance May 2025
Source: AlphaPoint
Kraken 4-6% USDC staking
Yield StrategiesIncome
Kraken USDC staking 4-6% APY
Source: Bitget
LayerZero messaging
Cross-ChainMulti
LayerZero msg cross-chain stablecoin
Source: DLNews
Ledn 8.5% USDC USDT
Yield StrategiesIncome
Ledn 8.5% APR Growth Account
Source: Eco
Liquidity crisis withdrawal
RisksShort
Liquidity crisis possible during stress
Source: Eco
MiCA EU 2024-25
RegulationMulti
MiCA EU framework took effect
Source: Eco
Morpho Blue isolated markets
Yield StrategiesIncome
Morpho Blue 3-12.63% APY isolated markets
Source: Eco
Nexo 12-16% loyalty tier
Yield StrategiesIncome
Nexo 12-16% APY loyalty tier
Source: Eco
Non-USD stablecoins emerging
FutureLong
EUR JPY CNY stablecoins emerging
Source: DLNews
Overcollateralized 150-200%
DAI SkyMulti
DAI 150-200% collateralization ratio
Source: Bitget
PayPal PYUSD
OtherLong
PayPal USD stablecoin grew $0.5B → $2.5B 2025
Source: AlphaPoint
Pendle PT discounted future
StrategyIncome
Pendle PT - discounted future principal
Source: encyclopedia
Pendle YT lock-in rates
StrategyIncome
Pendle YT lock yield rates
Source: AlphaPoint
Pendle yield-rate locking
Yield StrategiesIncome
Pendle - lock future yield rates
Source: AlphaPoint
Pure stablecoin parking 4-6%
StrategyIncome
Pure parking 4-6% in audited platforms
Source: encyclopedia
Regulatory shutdown risk
RisksShort
Regulatory shutdown risk possible
Source: encyclopedia
Remittances cheap fast
Use CasesLong
Stablecoin remittances cheap fast
Source: MEXC
Reserve transparency mandates
RegulationMulti
Reserve transparency now required
Source: AlphaPoint
Reserve transparency questions
RisksShort
Reserve transparency historical concerns
Source: Zebpay
SVB depeg March 2023
USDC CircleShort
USDC briefly depegged from SVB Mar 2023
Source: AlphaPoint
Singapore MAS framework
RegulationMulti
Singapore MAS stablecoin framework
Source: AlphaPoint
Sky Protocol formerly Maker
DAI SkyMulti
MakerDAO rebranded to Sky Protocol
Source: Eco
Smart contract bugs DeFi
RisksShort
Smart contract risk in DeFi protocols
Source: Eco
Stablecoin LP Curve fees
StrategyIncome
Curve stablecoin LP for fees
Source: Eco
Stablecoin total $310B 2026
Industry StatsLong
Stablecoin total mkt cap $310B+ 2026
Source: AlphaPoint
Stack yield bearing in DeFi
StrategyIncome
Stack yield-bearing as collateral in DeFi
Source: encyclopedia
TUSD TrueUSD
OtherMulti
TrueUSD
Source: encyclopedia
Tether launched 2014
USDT TetherMulti
Tether launched 2014 first major stablecoin
Source: Zebpay
Trapped working capital release
Use CasesLong
Stablecoins free trapped working capital
Source: AlphaPoint
Treasury management corp
Use CasesLong
Corporate treasury USDC USDT holdings
Source: AlphaPoint
Tron $700B+ USDT settlement
Cross-ChainLong
Tron major USDT settlement chain
Source: encyclopedia
UAE AED stablecoin framework
RegulationMulti
UAE Central Bank AED-pegged framework
Source: AlphaPoint
US Treasury reserves
USDT TetherMulti
USDT reserves in US Treasury bills
Source: AlphaPoint
US-regulated issuer
USDC CircleMulti
USDC US-regulated issuer institutional pref
Source: Bitget
USD1 $2.1B mkt cap
OtherLong
USD1 hit $2.1B mkt cap quickly
Source: Zebpay
USD1 Trump WLFI
OtherMulti
USD1 Trump-linked WLFI launched 2025
Source: Zebpay
USDC $18.3T tx 2025
Industry StatsLong
USDC $18.3T transaction volume 2025
Source: MEXC
USDC $75B 25% market
Industry StatsLong
USDC $75B mkt cap 25% market
Source: AlphaPoint
USDC native multi-chain
Cross-ChainMulti
USDC native on Ethereum + Solana + Base + Arbitrum etc
Source: DLNews
USDT $13.3T tx 2025
Industry StatsLong
USDT $13.3T transaction volume 2025
Source: MEXC
USDT $175B 60% market
Industry StatsLong
USDT $175B mkt cap 60% market dominance
Source: AlphaPoint
USDT+USDC 85% supply
Industry StatsLong
USDT + USDC = 85% of supply
Source: DLNews
USDT0 LayerZero chain-agnostic
USDT TetherMulti
USDT0 via LayerZero - chain-agnostic
Source: DLNews
USDe synthetic Ethena
USDe EthenaMulti
Ethena USDe synthetic dollar
Source: DLNews
Visa $14T FY 2025
Industry StatsMulti
Visa $14T FY 2025 - stablecoins exceeded Visa
Source: AlphaPoint
Visa Mastercard BlackRock USDC
USDC CircleLong
Visa MC BlackRock prefer USDC
Source: Zebpay
Wormhole bridges
Cross-ChainMulti
Wormhole cross-chain bridges
Source: encyclopedia
YBSC $20B+ doubled 2025
Yield BearingLong
Yield-bearing stablecoins $20B+ from $9.5B 2025
Source: DLNews
Yield arb across platforms
StrategyIncome
Arb yields across platforms
Source: encyclopedia
Yield-bearing become standard
FutureLong
Yield-bearing becoming default 2026+
Source: DLNews
YouHodler 18% APY top CeFi
Yield StrategiesIncome
YouHodler 18% APY top CeFi
Source: Eco
sDAI Sky Savings Rate yield
DAI SkyIncome
sDAI - Sky Savings Rate 3-5% APY
Source: AlphaPoint
sUSDS sUSD Sky savings
OtherIncome
sUSDS Sky savings token
Source: DLNews
sUSDe + leveraged loop
StrategyIncome
sUSDe + leveraged loops 8-12%
Source: Bitget
sUSDe staked yield
USDe EthenaIncome
sUSDe - staked USDe yield product
Source: DLNews
sUSDe top inflows
Yield BearingLong
sUSDe BUIDL sUSDS top inflows
Source: DLNews
An encyclopedia of publicly documented strategies for education. YCAI does not recommend, endorse, or trade any of these. Not investment advice.