Stablecoin Giants USDT and USDC Surpass $257B Combined Value as ChainSpin Tops $140K
USDT and USDC, two of the largest stablecoins by market capitalization, have reached a combined value of over $257 billion. According to Defillama, Tether currently holds approximately $183.3 billion in market capitalization, while USD Coin stands near $73.9 billion.
This represents the majority of the entire stablecoin sector, which now exceeds $300 billion in total capitalization. USDT's dominance is particularly notable, accounting for around 60% of total stablecoin capitalization.
Meanwhile, ChainSpin has seen significant demand in its early presale, with over $140,000 raised and more than 25% of stage 1 already sold at $0.0125. The first scheduled price increase is approaching within days, putting the remaining allocation under scrutiny.