The market capitalization of stablecoins refers to the combined value of different stablecoins whose performance remains productive throughout the day. There is a list of top stablecoins that have achieved a very impressive figure in market cap based on 24-hour volume. One of them has made a significant contribution to the stablecoin market capitalization.
Top stablecoins by market capitalization includes Tether ($USDT), USD Coin ($USDC), Ethena USDe ($USDe), Dai ($DAI), World Liberty Financial USD ($USD1), PayPal USD ($PYUSD), Falcon USD ($USDf), Global Dollar ($USDG), and Ripple USD ($RLUSD). Tether ($USDT) is leading in the pack of top stablecoins with a clear distinction of $68.3B in 24H volume with a market cap of $183.6B, at the time of writing this article. The data is taken from coinmarketcap.
Tether ($USDT) Leads Stablecoin Market with 59.65% Dominance
One of the interesting and important things about the Tether ($USDT) is that it is contributing 59.65% USDT Dominance of the total stable market cap of $314.39B. This remarkable figure explains the real value of $USDT in the entire stablecoin market. USD Coin ($USDC) is runner-up in this list with a market cap of $73.99B, with a last 24H volume of $9.49B. Ethena USDe ($USDe) is also among the stablecoins with the third position in market cap of $6.22B, along with the volume of $133.5M.
Moreover, the next one is Dai ($DAI), who is successfully able to gain fourth position with 24H volume of $110.48M, having $5.3B market cap. World Liberty Financial USD ($USD1) has a market cap of $5.0B with $1.6B previous day volume. PayPal USD ($PYUSD) got a volume of $227.0M and $4.0B of market cap.
Falcon USD and Global Dollar Hold $1.6B Caps as RLUSD Follows Close Behind
Falcon USD ($USDf) is at 7th position in the given list with a unique market cap of $1.6B along with a 24H volume of $1.23M. Global Dollar ($USDG) is the stablecoin that attained the second last position with a market cap of $1.6B and a volume of $23.8M. Last but not least, Ripple USD ($RLUSD) is also a stablecoin that attained the last position in the list with a market cap of $1.5B with a 24H volume of $102.62M.
The Total stable market cap is $314.39B, in which the stablecoins contribute to 13.55% os stable dominance. Tether is the only stablecoin that has its unique value and a major contribution of 59.65% toward stablecoin.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Circle Stock Price Rises 126% From February Low, William Blair Maintains Outperform Rating
Circle's stock price has risen approximately 126% recently, significantly outperforming other cryptocurrency companies, reflecting the resilience of USDC's market share and its leading position in stablecoin infrastructure. Analysts believe stablecoins may become the dominant standard for cross-border payments.
GateNews12h ago
Circle Tests AI Agents With $30K USDC Hackathon Trial
Circle’s AI hackathon produced 204 submissions, 1,352 valid votes, and over 9,700 comments in five days.
Agents built projects across commerce, smart contracts, and skills using USDC incentives.
Experiment revealed rule-breaking, vote collusion, and possible human activity among AI
CryptoFrontNews12h ago
New Taiwan Dollar Stablecoin Use Cases Need Clarification! Mega Financial Testing Shows: Large Cross-Border Remittances "Banks Still Have the Advantage"
Mega Bank conducted a practical comparison between stablecoins and traditional banks for cross-border remittances. The results indicate that stablecoins are faster and cheaper for small transfers, but when the amount exceeds approximately $7,000, banks have a significant cost advantage. Stablecoin cross-border remittances are impacted by regulatory restrictions in multiple countries, and real-world application scenarios still require further investigation. Dong Ruibin emphasized that traditional banks possess irreplaceable infrastructure in fund settlement and compliance management.
区块客15h ago
Circle Launches USDC and CCTP on Morph to Boost Cross-Chain DeFi
March 12, 2026 5:50 am EDT
TheCoinRepublic15h ago
Ripple President Says RLUSD Could Overtake USDC: How This Could Impact XRP
Stablecoins have become one of the fastest growing sectors in the crypto industry. The conversation intensified recently after a new statement from Ripple leadership. Ripple president Monica Long made a bold remark about the future of the company’s stablecoin during an event in
CaptainAltcoin16h ago
