Stablecoin Deposits in DeFi Surge to $24B Despite Recent Lending Pool Outflows
Stablecoin deposits in decentralized finance have grown by 560.8% over three years, reaching $24 billion, though lending pools show recent withdrawals.
Stablecoin deposits in decentralized finance have grown by 560.8% over three years, reaching $24 billion, though lending pools show recent withdrawals. USDC (USDC) is trading at ₹94.96 ($0.9996). This is an original Token Times brief synthesising 2 outlets (The Cryptonomist, Coinfomania), with their figures cross-checked, plus live market data, as of Sun, 25 Oct 2026 21:15:01 UTC.
The significant increase in stablecoin deposits highlights growing institutional adoption of DeFi, while the recent outflows from lending pools suggest potential shifts in how these assets are being utilized within the ecosystem.
- Stablecoin deposits in DeFi have grown by 560.8% over three years to $24 billion.
- USDC accounts for 38.2% of all stablecoin deposits in DeFi.
- Lending pools have seen net withdrawals over the past month despite the overall growth.
The Cryptonomist and Coinfomania both report that stablecoin deposits in DeFi have reached $24 billion, representing a 560.8% increase over three years, with USDC constituting 38.2% of these deposits. However, Coinfomania emphasizes the potential for this trend to reshape market dynamics, while The Cryptonomist focuses on the contrast between long-term growth and recent outflows from lending pools.
Stablecoin deposits in decentralized finance (DeFi) have surged to $24 billion, marking a 560.8% increase over the past three years, according to data from Token Terminal. This growth underscores the rising adoption of stablecoins within the DeFi ecosystem, driven by their utility in lending, trading, and liquidity provision.
USDC is the leading stablecoin in DeFi, accounting for 38.2% of total stablecoin deposits, as reported by both The Cryptonomist and Coinfomania. This dominance highlights the significant role of USDC in facilitating transactions and providing stability within the DeFi landscape.
Despite the long-term growth in stablecoin deposits, recent data indicates a trend of net withdrawals from lending pools over the past month. This suggests that while the overall DeFi sector is expanding, there may be shifts in how users are utilizing their stablecoin assets, potentially moving away from lending to other opportunities.
The growth in stablecoin deposits aligns with broader trends of institutional interest in DeFi, as noted by Coinfomania. This development could reshape market dynamics by increasing liquidity and potentially attracting more traditional financial players to the space.
In the current market context, the total crypto market cap stands at $2.76 trillion, with 
Bitcoin showing minimal movement over the past 24 hours. The Fear & Greed Index remains at 54, indicating a neutral market sentiment. USDC's market cap is $71.52 billion, slightly lower than its circulating supply of $71.73 billion, as reported by DeFiLlama.
Since this brief published about 2 hours ago, USDC (USDC) has moved from ₹94.96$0.9996 to ₹94.96$0.9996 — +0.00%.
The chart plots USDC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 USDC ≈ ₹101.78 (about $0.9996), up 0.0% over 24 hours. The rupee itself trades about 7.2% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
2 key figures independently matched across 2 outlets reporting this story.
Token Times extracts the figures each outlet reports and flags the ones that agree. Numbers cited by only one outlet are attributed in the brief, not shown as corroborated.
Figures and sectors in this story, checked live against on-chain aggregators · October 25, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Stablecoin Deposits in DeFi Surge to $24B Despite Recent Len — questions & answers
What is the current value of stablecoin deposits in DeFi?
Stablecoin deposits in DeFi have reached $24 billion.
Which stablecoin dominates DeFi deposits?
USDC accounts for 38.2% of all stablecoin deposits in DeFi.
Are there any recent trends in lending pool activity?
Yes, lending pools have experienced net withdrawals over the past month.
How much is 1 USDC worth in rupee today?
About ₹101.78 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $0.9996. The rupee price moves with both USDC's US-dollar price and the USDT/INR rate; use our USDC in rupee page for any amount.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from The Cryptonomist, Coinfomania, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.