Summary
- The total market capitalization of stablecoins has reached $235.7 billion, surpassing Ethereum's market cap.
- In particular, Tether (USDT) is leading the stablecoin market with $143.3 billion, according to the analysis.
- USD Coin (USDC) and USDS also recorded market sizes of $58.36 billion and $8.23 billion respectively.
The total market capitalization of stablecoins has surpassed that of Ethereum (ETH).
According to CoinGecko data cited by WuBlockchain on the 13th (local time), the total market cap of stablecoins recorded $235.7 billion (approximately 342 trillion won), exceeding Ethereum's current market cap of $226.3 billion (approximately 329 trillion won).
Among these, Tether (USDT) dominates the market with a size of $143.3 billion (approximately 208 trillion won). Additionally, USD Coin (USDC) follows with $58.36 billion (approximately 84 trillion won), and USDS with $8.23 billion (approximately 12 trillion won).
Suehyeon Lee
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