Stablecoins Approach $250 Billion, Anchoring 8% Of Global Crypto — TradingView News
Based on reports, stablecoin issuance has kept climbing for the past 90 days, with billions of dollars flowing in each week. Investors appear to be waiting for a clear sign before moving capital.
Right now, USDT holds over 66% of that market, while USDC and DAI share the rest. In total, stablecoins account for about $250 billion, or almost 8% of all crypto assets.
Stablecoin Supply Hitting New Highs
Demand for a trusted dollar peg is driving this growth. Tether leads by a wide margin because many traders trust its stability. Stablecoin reserves have swelled, even as other segments stay quiet. This points to plenty of cash on the sidelines.
Billions in Stablecoins are issued weekly, and the 90-day change for all Stablecoins shows a large…
