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Stablecoin Market Cap Tops $303.08 Billion, Up 0.74% in a Week

Source
Minseung Kang

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Photo: Shutterstock
Photo: Shutterstock

The total market capitalization of stablecoins has surpassed $303 billion.

Crypto-focused media outlet BlockBeats reported on Aug. 22, citing DefiLlama data, that the stablecoin market's total capitalization stood at $303.079 billion. That marked a 0.74% increase over the past seven days.

Tether's USDT accounted for 60.43% of the stablecoin market.

Minseung Kang

Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.

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