Stablecoin Market Cap Reaches Record High of $310 Billion

According to BlockBeats, the total market capitalization of stablecoins has surpassed $310 billion, setting a new record. Currently, the market cap stands at $310.7 billion, reflecting a 0.3% increase over the past 24 hours and a growth of approximately $10 billion in the last three weeks. Among stablecoins, USDT leads with a market cap of around $180 billion, followed by USDC at approximately $76 billion. Notably, at the beginning of this year, the stablecoin market cap was around $230 billion, indicating an increase of over $80 billion within the year.