| Time | Details |
|---|---|
| 2024-08-01 16:34 |
Stablecoin Market Cap Reaches $164B, Dominated by Tether
According to @intotheblock, the stablecoin market cap has surged to a 2-year high of $164 billion, largely driven by the growth of Tether (USDT). USDT now commands a 70% market share, while USD Coin (USDC) holds 21%. Other stablecoins like DAI, FDUSD, and TUSD have smaller market shares. (Source) |