Stablecoins hit $270B market cap as USDC overtakes USDT on Ethereum
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最新报道：Stablecoins have reached a collective market capitalization of $270 billion, with USDC surpassing USDT in circulation on the Ethereum network. According to data from IntoTheBlock, USDC's supply on Ethereum now stands at $24.5 billion compared to USDT's $23.9 billion. This marks the first time USDC has overtaken USDT on Ethereum, though USDT maintains dominance with a total market cap of $111 billion across all blockchains. The stablecoin sector continues to grow, with USDC and USDT accounting for over 90% of the market share. Analysts attribute USDC's Ethereum lead to its popularity in DeFi applications and institutional adoption.
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