USDT and USDC Cement Dominance as Stablecoin Market Passes $

USDT and USDC Cement Dominance as Stablecoin Market Passes $

USDT and USDC dominate with a combined 86% share of the stablecoin market. Ethereum remains the primary chain for storing $179 billion in stablecoins. Continue Reading:USDT and USDC Cement Dominance as Stablecoin Market Passes $333 Billion The post USDT and USDC Cement Dominance as Stablecoin Market...

Two Tokens Control 86% of the Stablecoin Market and the Gap Is Not Closing More Stories ETHNews

The global stablecoin market has crossed $333 billion in total supply, and the distribution of that capital is more concentrated than at any point in the asset class’s history. The numbers leave little room for interpretation. According to Dune data published on March 8, USDT holds $202 billion representing 61% of total supply, USDC holds $82 billion at 25%, and every other stablecoin combined accounts for just $49 billion or 14%. Two tokens con…