According to PANews on April 11th, as reported by The Block, the first-quarter report from Finery Markets shows that on the basis of continuous growth in cryptocurrency trading volume in the fourth quarter of 2024, institutional trading platforms' cryptocurrency trading volume further increased, driven by market enthusiasm sparked by changes in US regulatory policies and enhanced confidence in stablecoins. After analyzing 2 million institutional spot trades from January to March, the research found that over-the-counter trading volume grew 141% year-on-year, while stablecoin activity increased 158% year-on-year.
During the first 100 days of Donald Trump's presidency, trading between cryptocurrencies and stablecoins showed the most significant growth. As US policymakers pushed stablecoin rules through the Senate and House, trading volume in this sector grew 5 times in the first quarter of 2025 compared to the first quarter of 2024. Trading between cryptocurrencies ranked second, with a near 3-fold increase of 189% year-on-year, while exchanges between cryptocurrencies and fiat currencies grew only 35% year-on-year. Overall, 95.3% of trades involved Bitcoin (growing 7% year-on-year), Ethereum (growing 36% year-on-year), or stablecoins, indicating that enterprises have not yet widely engaged with Altcoins.
