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

MeNews · 2026-04-07T10:26:55+00:00

Data from April 1 shows that the market capitalization of stablecoins such as USDT and USDC continues to grow. USDC trading volume hit a record high, while updates on Ethena token unlocks and the HKMA's delayed license issuance remain in market focus. Overall, the stablecoin market performance remains steady.

MeNews

2026-04-07 10:26:55

Abstract generation in progress

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, reaching an all-time high
Ethena (ENA) sees a $16 million token unlock, with the USDe staking rate staying steady
The Hong Kong Monetary Authority (HKMA) failed to issue the first Hong Kong dollar stablecoin license as originally planned for March; the timeline has been pushed to after April
The proposed “yield vs rewards” compromise for the U.S. CLARITY Act stablecoin continues to draw controversy, with Coinbase and others stating they do not support it

Summary:

In these two days, the stablecoin market remained steady, with no significant volatility or major events driving shocks. (Source: CoinFound)

USDE0,02%

USD10,03%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.