The stablecoin market is steadily expanding!
- The market size surpassed $251 billion in June, and recently reached $273 billion (+1.3% weekly).
- #USDT🔥🔥🔥 leads the scene with a market share of about 60.5% (~$165 billion), while USDC comes in second at ~ $68 billion.
Companies like Ethena#Ethereum are also showing rapid growth among alternatives.
The dominance of #Tether Tether continues, but regulatory acceleration and competition from USDC may reshape the landscape in the future.
$USDT