USDT and USDC Account for 84.7% of $302.5 Billion Stablecoin Market
Photo: TokenPost
Tether (USDT) and USD Coin (USDC) together made up 84.7% of the $302.5 billion stablecoin market on Oct. 17, with a combined market capitalization of $256.1 billion. USDT stood at $183.4 billion, while USDC was valued at $72.7 billion. Sky Dollar (USDS) ranked third at $6.9 billion and was the only stablecoin outside the top two above $5 billion. Dai (DAI) and Ethena USDe each had market capitalizations near $4.7 billion. World Liberty Financial USD (USD1) stood at $4.0 billion. The overall market capitalization fell 0.34% over seven days and rose 0.62% over 30 days.
Source: TokenPost
