Stablecoins & CBDCs Report October

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.

  • October 31, 2025
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Stablecoins & CBDCs Report October

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.

  • October 31, 2025

Report Summary

Stablecoins Market Cap Crosses $300B Landmark: The market hit a new all-time high in October, with total market capitalization rising 3.64% to $308B.

USDe on Binance Depegs to $0.65: On October 10th, the price of USDe on Binance briefly depegged to $0.65 at 9:44 PM UTC, following a liquidation cascade that overwhelmed the exchange’s infrastructure

PYUSD Market Cap Adds $1.65B Since September:  In October, the market capitalization of PYUSD rose by 15.5% to $2.76B, a new all-time high for the stablecoin.

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