Followin消息，12 月 25 日，USD1 市值突破 30 亿美元，达 30.11 亿美元，24 小时增长 7.68%。
此前消息，Binance 推出 USD1 活期理财产品，年化收益率最高可达 20%。
WLFI市值来到134亿，这是市值最高的稳定币项目。

<div><div>Followin消息，12 月 25 日，USD1 市值突破 30 亿美元，达 30.11 亿美元，24 小时增长 7.68%。</div><div><br></div><div>此前消息，Binance 推出 USD1 活期理财产品，年化收益率最高可达 20%。</div><div><br></div><div>WLFI市值来到134亿，这是市值最高的稳定币项目。</div></div>

USD1 市值突破 30 亿美元，24 小时增长 7.68%，WLFI 的FDV 134亿成稳定币赛道市值龙头

According to Followin, on December 25, the market capitalization of USD1 exceeded $3 billion, reaching $3.011 billion, a 7.68% increase in 24 hours.
Previously, it was reported that Binance launched a USD1 flexible investment product with an annualized return of up to 20%.
WLFI's market capitalization has reached 13.4 billion, making it the stablecoin project with the highest market capitalization.

<div><div>According to Followin, on December 25, the market capitalization of USD1 exceeded $3 billion, reaching $3.011 billion, a 7.68% increase in 24 hours.</div><div><br></div><div> Previously, it was reported that Binance launched a USD1 flexible investment product with an annualized return of up to 20%.</div><div><br></div><div> WLFI&#39;s market capitalization has reached 13.4 billion, making it the stablecoin project with the highest market capitalization.</div></div>

USD1's market capitalization surpassed $3 billion, a 7.68% increase in 24 hours. WLFI's FDV of $13.4 billion made it the market capitalization leader in the stablecoin sector.

Introduction Market Overview In 2025, stablecoins and DAT expanded in both scale and application scenarios, beginning to directly connect with traditional finance at the boundary level. The total market capitalization of stablecoins once exceeded $230 billion, with an annual on-chain settlement scale of approximately $1.5 trillion. Supported by legislation such as the GENIUS Act, they gradually solidified as the underlying settlement layer for cross-border payments and on-chain finance. The DAT model, through compliant equity or fund vehicles, provided traditional institutional investors with a standardized path to access crypto asset exposure, with its holdings of BTC and ETH assets having a high market value...

2025 Coinglass Derivatives Report: Instead of the altcoin season, a $154.6 billion liquidation season arrived.

The old script becomes obsolete in 2025
As 2025 draws to a close, the crypto market presents an unprecedentedly "divided" picture: Bitcoin (BTC) has repeatedly hit new highs driven by institutional funds, once reaching $125,000; Ethereum (ETH) is struggling around $2,800, still significantly lower than its all-time high; while Altcoin, which once "rose indiscriminately," have fallen into a deep abyss, with most projects plummeting 80-95% from their 2021 highs, failing to recover even against the backdrop of BTC's record highs.
This completely departs from the classic narrative of the crypto market over the past decade. The traditional "four-year cycle"...

Bitcoin's "never-setting sun" and Altcoin' "twilight of the gods"—has the four-year cycle truly come to an end?

Author: SoSoValue Research
The winter of 2025 will be colder than usual, not just in terms of temperature, but also in terms of the perceived temperature drop in the crypto market.
If you only look at the news, it's a hot topic: Bitcoin is hitting new highs with Wall Street's support, ETF size is soaring, regulatory trends in various governments seem to be warming up, and the US president's pardon for CZ even became a hot topic in global political news.
However, when you shift your gaze away from Bitcoin and look into the broader "Altcoin heartland," a suffocating silence descends. The days when "you could make a fortune just by being in a car..." are gone.