Stablecoin market cap falls to $294.62 billion as Plasma posts 10.73% weekly growth
Photo: TokenPost
Stablecoin market capitalization fell 1.61% over the week to $294.62 billion. Plasma led chain growth at 10.73%, while PayPal USD (PYUSD) contracted 12.3%. The market remained below $300 billion, with Plasma and Arc recording gains despite the broader weekly decline. Total stablecoin market capitalization stood at $294.62 billion, down $4.83 billion over seven days. Market capitalization declined 0.16% over one day and 4.21% over 30 days, extending the contraction across both periods. Tether (USDT) held the largest share at 60.17%, with a market capitalization of $177.26 billion. USD Coin (USDC) ranked second at $70.54 billion.
Source: TokenPost
