CoinGecko Research Highlights (2025):

• Tether led all crypto protocols with $5.2B in revenue, making up 41.9% of total revenue across 168 protocols

• Stablecoin issuers dominated, contributing 65.7% (~$8.3B) of total protocol revenue

• Tron ranked #2 with ~$3.5B, fueled by its role as a primary USDT transaction network

Stablecoins quietly remain the most profitable sector in crypto. 📊🔥