Stablecoins Keep Building Real Capital

Looking at the bigger picture, stablecoin reserves don't shrink after each market cycle—they actually climb higher each time around.

The trajectory tells the story: 2018 to 2020 saw early experimentation and foundation-building. Then 2021 hit different, marking the first serious expansion wave. The 2022-2023 period? That was a tough reset, but crypto didn't collapse—stablecoins weathered it. Now we're in 2024-2026 territory, watching fresh peaks emerge with staying power behind them.

The numbers speak loud: over $300 billion locked on-chain right now. That's not hype—it's real liquidity sitting in the system, flowing between wallets, securing transactions, funding DeFi strategies. Every cycle adds layers, every downturn proves the infrastructure holds. Stablecoins aren't going anywhere. They're becoming the nervous system of onchain finance.