Stablecoin Market Surpasses $280B with USDT Leading 60%

Stablecoin Market Surpasses $280B with USDT Leading 60%

The stablecoin market has recently surpassed a total capitalization of over $280 billion, with Tether (USDT) representing approximately 60% of the total. This growth has been driven by the involvement of traditional financial institutions and clearer regulatory frameworks, facilitating the adoption of stablecoins for cross-border payments and the tokenization of real-world assets.

The main public chains supporting most stablecoin activity are Ethereum, Tron, and Solana. Other notable stablecoins include USDC, USDe, and Dai. More than 90% of these digital currencies are backed by fiat assets, enhancing security and investor confidence.

The expansion of the stablecoin market reflects wider adoption in the financial sector, including international transactions and integration of digital assets into the economy. This development highlights the increasing role of stablecoins in the global financial ecosystem and the digital economy.