Data: The total market capitalization of stablecoins has exceeded $306.7 billion, with USDT holding over 60% market share.
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TL;DR
The total market cap of stablecoins has surpassed $306.7 billion, with USDT dominating over 60% share. USDC follows as the second largest, showing significant growth.
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Stablecoinstablecoinsmarket capitalizationUSDTUSDCcryptocurrency
According to Mars Finance, data from DefiLlama shows that the total market capitalization of stablecoins has surpassed $306.7 billion, currently standing at $306.775 billion, a 7-day increase of 0.87% (approximately $2.639 billion). USDT holds a 60.17% market share with a market capitalization of approximately $184.572 billion; USDC ranks second with a market capitalization of $76.982 billion, a 7-day increase of 3.62%. USDe, USDS (Sky Dollar), and DAI rank third to fifth in market capitalization.