The Capitalization of Stablecoins Surpasses $230 Billion, Led by a 56% Growth in One Year, with USDT and USDC Accounting for Over 88% of the Market
The stablecoin market has just surpassed a symbolic milestone by exceeding $230 billion in market capitalization. According to data from DefiLlama, the market is precisely worth $230.45 billion, with a $2.3 billion increase recorded in the past seven days. This represents a 56% growth in one year, confirming the strong comeback of these stable digital assets after a period of turbulence.
The sector is dominated by two giants: Tether’s USDT, with nearly $144 billion (or 62.6% of the total), and Circle’s USD Coin, which weighs $59 billion.
