CoinFound Data: The total market capitalization of stablecoins is $322.19 billion

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ME News Report, April 2 (UTC+8), according to CoinFound data:


  • USDT market cap: $196.12 billion
  • USDC market cap: $76.92 billion
  • USDS market cap: $13.30 billion
  • EURC market cap: $12.27 billion
  • USDe market cap: $5.90 billion
  • USD1 market cap: $4.43 billion
  • PYUSD market cap: $3.96 billion

Market Dynamics:

  • The U.S. Department of the Treasury officially implements the Stablecoin “GENIUS Act,” allowing issuers below $10 billion to choose state-level regulation
  • Hong Kong’s first compliant stablecoin license issuance has been delayed; the Hong Kong Monetary Authority responds that they are actively pushing forward
  • Federal Reserve’s Barr warns of stablecoin risks, emphasizing the need to strengthen regulation and reserve audits
  • Crypto Political Action Committee appoints Tether executive as chair, increasing controversy over stablecoins
  • USDC Treasury adds minting of 250 million USDC on the Solana chain

Summary:

The stablecoin market capitalization remains stable, with a calm and positive market environment. The implementation of regulatory rules is a key highlight, and short-term prospects suggest continued stable growth (Source: CoinFound).

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