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#StablecoinPayments Stablecoin Payments Market Value
The stablecoin market has grown significantly, with the total market capitalization of stablecoins reaching approximately $148.7 billion USD. Stablecoins are cryptocurrencies designed to maintain a stable value relative to a fiat currency, often the US dollar.
Top Stablecoins by Market Capitalization
- *Tether (USDT)*: With a market capitalization of $148.7 billion, USDT is the largest stablecoin. Its price remains stable at $1.00, with a 0.01% change in the last hour.
- *USDC*: USDC has a market capitalization of $61.51 billion and a price of $0.9999, showing minimal change in the last hour.
- *Dai (DAI)*: DAI's market capitalization stands at $5.37 billion, with a stable price of $1.00.
- *USDe*: USDe has a market capitalization of $4.67 billion and a price of $1.00.
- *First Digital USD (FDUSD)*: FDUSD's market capitalization is $1.47 billion, with a price of $0.9986 ¹.
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