Stablecoin Market Cap Skyrockets to $303.5 Billion

The stablecoin market is experiencing a significant surge, reaching a new record high of $303.5 billion. This growth is largely fueled by Tether (USDT) and USDC, which dominate the market share with USDT accounting for nearly $188.4 billion and USDC holding around $76.3 billion, according to ChainCatcher. 50% more than earlier this year’s data, this rapid growth reflects heightened interest in stablecoins.