Stablecoin Market Surpasses $306 Billion as Payment Infrastructure Expands
The stablecoin market has reached an impressive milestone, with its total capitalization standing at $306.651 billion as of September 30.
This represents a growth of 0.9% over the past 30 days and $1.703 billion over seven days.
Tether (USDT) accounts for the largest share, making up approximately $183.759 billion of the total market capitalization, while USD Coin (USDC) represents around $75.466 billion.
The growth in stablecoin usage is being driven by expanding payment infrastructure across major U.S. financial institutions and strong USDT activity on TRON.