CoinFound Data: The total market capitalization of stablecoins is $3220.3 billion.

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ME News update, April 1 (UTC+8), according to CoinFound data:


  • USDT market cap: $196.12 billion
  • USDC market cap: $77.03 billion
  • USDS market cap: $12.95 billion
  • EURC market cap: $12.27 billion
  • USDe market cap: $5.90 billion
  • USD1 market cap: $4.43 billion
  • PYUSD market cap: $3.94 billion

Market updates:

  • USDC’s adjusted trading volume first surpassed USDT, hitting an all-time high
  • Ethena (ENA) sees a $16 million token unlock, with the USDe staking rate stable
  • The Hong Kong Monetary Authority (HKMA) was unable to issue the first Hong Kong dollar stablecoin license as originally planned for March, with the timeline pushed to after April
  • The U.S. CLARITY Act stablecoin “yield vs. rewards” compromise proposal continues to spark controversy, with statements from Coinbase and others saying they do not support it

Summary:

  • Over these two days, the stablecoin market remained steady, showing no significant volatility or major events’ shocks. (Source: CoinFound)

USDE0,02%
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