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Search volume for stablecoin on Google peaked amid parabolic growth.
Google data shows that the search volume for "stablecoin" reached a record high in July 2025, thanks to the passing of the GENIUS law, with supply and trading of stablecoins rising to the sky, along with interest from financial institutions. Previously, the nearest peak in searches was in May 2022 after the collapse of Terra (USTC).
Bitwise stated that stablecoins are experiencing "parabolic growth," with a market capitalization reaching 272 billion USD – equivalent to 7% of the cryptocurrency market. About 98% of stablecoins are pegged to the USD, with Tether accounting for 60% of the market share.
Many experts believe that stablecoins are becoming a risk-hedging option against market fluctuations, thanks to their stability and usefulness in cross-border payments. Many organizations are also planning to issue their own stablecoins to access the crypto market more safely and effectively.