Stablecoin Market Capitalization, Exceeds 250 Billion Dollars…USDT Market Share 61%

The stablecoin market size is rapidly expanding. According to the latest data from Coingecko, the total market capitalization of stablecoins has surpassed $250 billion. This indicates that the importance of stablecoins within the cryptocurrency market is increasing.

The stablecoin with the highest market share is Tether (USDT), with a total market cap of $153 billion, accounting for 61.2% of the total stablecoin market. Stablecoins are used as a means to maintain asset value in the highly volatile cryptocurrency market, and recently, they have been expanding their presence as a method for decentralized finance (DeFi), fund transfers between exchanges, and international payments.

This market cap breakthrough coincided with the bull market of major cryptocurrencies such as Bitcoin and Ethereum, and there is attention on the possibility of the market structure being reorganized in the future according to changes in stablecoin regulation and usage environment.