Stablecoins are having their moment. And this time, it’s not hype.
Supply exceeds $310 billion. Monthly volumes run into the trillions. What began as a crypto workaround now looks more like financial plumbing.
In February 2025 Stripe acquired Bridge for $1.1B. A few months later, in March 2025, MoonPay acquired Iron, a German stablecoin infrastructure company, for a reported $100M+.

Stablecoins are having their moment. And this time, it’s not hype.
Supply exceeds $310 billion. Monthly volumes run into the trillions. What began as a crypto workaround now looks more like financial plumbing.