Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Stablecoin market cap surpasses $300 billion for first time amid crypto rebound

Stablecoin market cap surpasses $300 billion for first time amid crypto rebound

The BlockThe Block2025/10/02 16:00
By:By Vishal Chawla

Quick Take The total market capitalization of stablecoins has surpassed $300 billion for the first time. Tether’s USDT leads with a 58% market share and a capitalization of $176 billion.

Stablecoin market cap surpasses $300 billion for first time amid crypto rebound image 0

The total market capitalization of stablecoins has surpassed $300 billion for the first time — a new all-time high for the sector amid rising activity across crypto markets.

According to real-time data from DeFiLlama, the combined value of all stablecoins now stands at $301 billion — a 2% increase over the past week and a 6.5% jump in the last 30 days.

Tether’s USDT continues to dominate the stablecoin niche, maintaining a 58% market share with a capitalization of $176.3 billion — up from $173 billion just a few days ago.

Trailing behind is Circle’s USDC at $74 billion (24.5% dominance), followed by Ethena's USDe ($14.8 billion) and MakerDAO’s DAI ($5.0 billion).

Stablecoins are widely used for trading, payments, and as a store of value during volatile periods, making their supply a key indicator of capital flows into the cryptocurrency market. Pegged to fiat currencies like the U.S. dollar, they mitigate the wild price swings that affect assets like Bitcoin, serving as a store of value during volatile periods and as a primary medium for crypto trading, DeFi apps, and cross-border payments.

The stablecoin market is showing signs of maturation, even as it continues to accelerate. The sector’s 20% quarterly growth in Q3 2025 outpaced many traditional asset classes, driven by renewed institutional interest and policy tailwinds, such as the U.S. GENIUS Act, which promises clearer regulatory pathways for dollar-pegged tokens.

This comes amid a broader crypto market rebound, with Bitcoin and Ethereum posting double-digit gains in Q3 2025 and drawing fresh capital inflows. Over the past week, Bitcoin has posted a 9.6% gain, climbing to $119,972 amid a market capitalization of $2.4 trillion, according to The Block's price page . Ethereum has jumped even more strongly, surging 13.3% to $4,498.57, with a market cap of $542 billion.


0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Revenue and Growth: Diverging Approaches in Global Fiscal Policies

- Brazil's tax-exempt bonds strain public finances, costing $11.3B annually amid rising issuances. - Japan unveils $110B+ fiscal stimulus for AI, semiconductors , and energy, potentially reaching $133B. - UK abandons income tax hikes, opting for threshold adjustments to address £35B budget gap. - Mexico's Supreme Court upholds $1.8B tax claims against billionaire Salinas Pliego's firms. - Global trend shifts toward targeted fiscal tools over broad tax hikes amid economic pressures.

Bitget-RWA2025/11/17 00:50
Revenue and Growth: Diverging Approaches in Global Fiscal Policies

The Unexpected Bitcoin Plunge in November 2025: Causes Behind the Drop and Future Prospects for Cryptocurrency Investors

- The November 2025 BTC crash resulted from Fed tightening, lingering FTX trust erosion, and institutional outflows. - Fed's hawkish liquidity controls and inflation focus created toxic conditions for Bitcoin's low-rate-dependent market. - FTX's unresolved $7.1B payouts and $20B institutional exodus since 2022 amplified panic selling through trust deficits. - Crypto investors must now wait for Fed policy clarity and prioritize transparent platforms with regulatory compliance.

Bitget-RWA2025/11/17 00:32
The Unexpected Bitcoin Plunge in November 2025: Causes Behind the Drop and Future Prospects for Cryptocurrency Investors

Bitcoin Updates Today: Fed Navigates Uncertainty as December Rate Cut Remains Unclear

- Market expectations for a Fed rate cut in December dropped to 52% from 95% a month ago, reflecting deepening policymaker divisions. - Hawks like Collins emphasize inflation risks, while doves argue easing is needed to avoid restrictive policies amid weak labor data. - A government shutdown delayed critical economic reports, complicating decisions as structural shifts demand nuanced policy responses. - Bitcoin gains were capped by reduced cut odds, while broader markets remain sensitive to Fed signals on

Bitget-RWA2025/11/17 00:30
Bitcoin Updates Today: Fed Navigates Uncertainty as December Rate Cut Remains Unclear

Solana News Update: Solana’s Fast Network Draws $1.5 Billion in Stablecoin Growth as USDC and USDT See Significant Increases

- Circle mints $500M USDC on Solana , leveraging its 4,000 TPS speed and $0.002 fees to boost DeFi liquidity. - Solana's 2.4M active addresses and 83M transactions highlight its appeal as Ethereum's high-throughput rival. - Tether simultaneously issues $1B USDT on Ethereum , contrasting with Solana's retail-friendly low-cost model. - Institutional adoption grows via Solana Staking ETF and major firm participation, challenging Ethereum's upgrades. - $1.5B stablecoin surge reflects demand for cross-chain sta

Bitget-RWA2025/11/17 00:30
Solana News Update: Solana’s Fast Network Draws $1.5 Billion in Stablecoin Growth as USDC and USDT See Significant Increases