The Finery Markets report shows that stablecoins accounted for 74.6% of institutional over-the-counter spot trading volume in the first half of 2025, a significant increase year-on-year. USDC trading volume increased 29 times year-on-year, becoming the fastest-growing asset. The growth of USDC benefits from the European MiCA pushing some platforms to restrict USDT. The overall OTC spot trading volume increased by 112.6% year-on-year, with stablecoin trading growing by 154% and cryptocurrency to stablecoin trading volume increasing by over 277%. Finery CEO warns that with the increase of issuers and the expansion of cross chain distribution, without sufficient deep support from the secondary market, the risk of stablecoin detachment may trigger a systemic run crisis. (TheBlock) http://(wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=45012