31-5-2025 – The collective market value of stablecoins has surged past the $250 billion mark, reaching an impressive $250,024,816,027, according to data from CoinGecko. This figure reflects a modest yet steady 0.1% rise over the past 24 hours, underscoring the growing prominence of these digital assets designed to maintain price stability. The trading volume for stablecoins over the same period has been equally robust, clocking in at $61,231,269,308, a testament to their active circulation within the global market.
Leading the charge is Tether (USDT), which commands a dominant share of the stablecoin arena with a market valuation exceeding $153 billion. This powerhouse accounts for approximately 61.2% of the total stablecoin market, cementing its position as the undisputed frontrunner. Trailing behind, but no less significant, is USDC, with a market value surpassing $61 billion, securing its place as the second-largest stablecoin in circulation.
