Stablecoin

USDC

Time

Cap Finance

While the crypto market is seeing renewed interest, the stablecoin market cap has achieved a major milestone of surpassing $300 billion in market capitalization. The number marks an all-time high for the sector, which is growing tremendously after the GENIUS Act in the U.S. was passed in July this year.&nbsp;According to <a href="https://defillama.com/stablecoins" rel="noopener noreferrer nofollow">data</a> by DeFiLlama, the total value of all stablecoins now sits at $301 billion. This is a 1.84% increase from last week and a 6.5% increase from the last 30 days.&nbsp;Tether’s USDT has the crown to itself, with it having a dominant market share of 58% and a capitalization of $176.3 billion. Circle’s USDC, which has a 24.5% market share, comes in second with $74 billion. Following USDC is Ethena’s USDe with a capitalization of $14.8 billion and MakerDAO’s DAI with $5.0 billion capitalization at fourth position, respectively.&nbsp;<h2 class="wp-block-heading" id="the-rising-emergence-of-stablecoins">The rising emergence of stablecoins&nbsp;</h2>There has been a surge in stablecoins over the past few months. A September <a href="https://www.cryptotimes.io/2025/09/26/stablecoin-market-could-reach-4-trillion-by-2030-citi-analysts/" rel="noopener noreferrer nofollow">research report by Citi Group</a> forecasted that the global stablecoin market could be worth $4 trillion by 2030 in a best-case scenario and $1.9 trillion in a base case.&nbsp;According to Citi, stablecoins could handle up to $100 trillion in transactions each year. Its report says that this is a huge amount, but it’s still not as substantial as the trillions of dollars in transactions that the world’s biggest banks handle on a daily basis. The bank also warned investors that payments between countries take longer because many countries already have fast and cheap ways to pay each other.&nbsp;<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">Also Read: <a href="https://www.cryptotimes.io/2025/10/03/coinbase-re-enters-india-with-early-access-amid-regulatory-shifts/" rel="noopener noreferrer nofollow">Coinbase Re-Enters India with Early Access Amid Regulatory Shifts</a></blockquote>

Stablecoin Market Cap Surpasses $300B Milestone For First Time

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The Crypto Times

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