The stablecoin market has experienced significant growth, with the total supply surpassing $200 billion, marking the fastest increase since 2021. Notably, Tether's (USDT) supply on Ethereum rose from $55 billion to $75 billion within a month. Additionally, the total market cap of stablecoins has increased by $30 billion since the recent election, averaging $750 million per day. Ethereum has seen over $25 billion in stablecoins minted in the past month alone, contributing to its dominance in the market. The rise of stablecoins is also reflected in various projects, such as sUSDe, which has a total value locked (TVL) of over $4 billion, and Sky Ecosystem's USDS, which reached a circulating supply of $1.2 billion. This trend is further supported by increasing venture capital interest, highlighted by Stripe's $1.1 billion acquisition of Bridge, indicating a shift towards stablecoins as essential fintech infrastructure. The growth is particularly evident in emerging markets, where stablecoins are being adopted for remittances and inflation hedging, outpacing Bitcoin in transaction volumes.