Stablecoins & CBDCs Report

Gain insight into the latest developments in the stablecoin and CBDC sector, focusing on analysis that relates to market capitalisation, trading volume and more.

  • November 27, 2024
Report cover

Stablecoins & CBDCs Report

Gain insight into the latest developments in the stablecoin and CBDC sector, focusing on analysis that relates to market capitalisation, trading volume and more.

  • November 27, 2024

Report Summary

CoinDesk Data's Stablecoins & CBDCs Report provides readers with a comprehensive analysis of the latest developments surrounding stablecoins and CBDCs, featuring data-driven insights into market capitalisation, trading volumes, peg deviations, regulatory changes, and more.

  • In November, the total market capitalisation of the stablecoin sector surged 9.94% to $190bn, recording the fourteenth consecutive increase in the end-of-month market cap and surpassing the previous all-time high recorded in April 2022.
  • The monthly trading volume for stablecoins trading pairs on centralised exchanges rose 77.5% to $1.81tn as of the 25th. 
  • The market capitalisation of Ethena Labs’ USDe rose by 42.2% to $3.86bn in November, recording a new all-time high for the synthetic stablecoin.

‍

Download Report

More Featured Reports

Exchange Review November 2025
CoinDesk Data’s Exchange Review offers a comprehensive monthly deep dive into the global cryptocurrency exchange market. Designed for investors, analysts, regulators, and enthusiasts alike, this report delivers critical insights into market movements—from spot and derivatives trading volumes to fee model segmentation and fiat-vs-crypto dynamics.
  • December 16, 2025
Read more
Stablecoins & CBDCs Report - November
CoinDesk Data's Stablecoins & CBDCs Report provides readers with a comprehensive analysis of the latest developments surrounding stablecoins and CBDCs, featuring data-driven insights into market capitalization, trading volumes, peg deviations, regulatory changes, and more.
  • November 26, 2025
  • Stablecoins Report
Read more
Exchange Review October 2025
Trading activity on centralized exchanges surged to new yearly highs in October. Combined spot and derivatives volumes climbed 25.9% to $10.3T.
  • November 13, 2025
  • Exchange Review
Read more
Exchange Benchmark - November 2025
We're pleased to share the findings from our November 2025 Exchange Benchmark, our bi-annual report that evaluates the risk associated with digital asset exchanges.
  • November 10, 2025
Read more

Subscribe to Our Newsletter

Get our latest research, reports and event news delivered straight to your inbox.