The combined market capitalization of stablecoins has surpassed $300 billion for the first time, reaching a new all-time high amid growing activity in cryptocurrency markets.
According to DeFiLlama, the total value of all stablecoins is now $301 billion, up 2% from last week and 6,5% over the past 30 days.
USDT from Tether continues to dominate the sector, accounting for 58% of the market with a capitalization of $176,3 billion. Just a few days ago, it was $173 billion.
It is followed by Circle’s USDC with a market cap of $74 billion (24,5% dominance), then Ethena’s USDe ($14,8 billion) and MakerDAO’s DAI ($5 billion).
Stablecoins are widely used for trading, payments, and as a store of value during periods of volatility, making their supply a key indicator of capital inflows into the cryptocurrency market.
The growth in stablecoin market capitalization coincided with the recovery of the cryptocurrency market as a whole. In the third quarter of 2025 Bitcoin и эфириум demonstrated double-digit growth and attracted new capital. Over the past week, BTC has risen 9,6% to $120,000, with a market cap of $2,4 trillion. ETH has grown even more significantly, up 13,3% to $4,498.57, with a market cap of $542 billion.
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