๐จ Stablecoin Market Cap Smashes $300B for the First Time! ๐จ
The stablecoin market has officially crossed a historic milestone: over $300 billion in total market capitalization, signaling the unstoppable rise of tokenized money in global finance.
๐ Market Outlook
1๏ธโฃ Tether (USDT) dominates with $176.2B (~58.4% market share).
2๏ธโฃ Circleโs USDC follows at $74B.
3๏ธโฃ Ethenaโs USDe secures #3 with $14.8B.
4๏ธโฃ Ethereum (ETH) leads networks hosting $171.2B in stablecoins.
5๏ธโฃ Tron (TRX) holds $76.7B, solidifying its place as a payments giant.
6๏ธโฃSingaporeโs XSGD beats Hong Kong to launch the first licensed local stablecoin in Asia.
7๏ธโฃ Euro-backed tokens still small at $644M, but nine banks are preparing a MiCA-compliant Euro stablecoin.
๐ Monthly stablecoin transfer volume = $3.27 trillion ๐ต๐
๐ฅ 27M+ active addresses transact stablecoins daily ๐๐ณ
๐ฆ Global banks are preparing a MiCA-compliant Euro stablecoin ๐ถโ๏ธ
๐ Why It Matters?
Stablecoins are no longer just a crypto nicheโtheyโre becoming the backbone of digital finance, fueling payments, DeFi, tokenization, and even integration with banks and regulators. The next battle? USD dominance vs new Euro & Asian stablecoins.
๐ The question is no longer if stablecoins will shape the future of moneyโit's how fast.