CoinFound Data: The total market capitalization of stablecoins is $3220.3 billion.

MeNews · 2026-04-07T20:01:25+00:00

Data from April 1 shows that the market capitalization of stablecoins such as USDT and USDC continues to grow. USDC trading volume hit a record high, while updates on Ethena token unlocks and the HKMA's delayed license issuance remain in market focus. Overall, the stablecoin market performance remains steady.

MeNews

2026-04-07 20:01:25

Abstract generation in progress

ME News message, April 1 (UTC+8), according to CoinFound data:

USDT market cap: $196.12 billion
USDC market cap: $77.03 billion
USDS market cap: $12.95 billion
EURC market cap: $12.27 billion
USDe market cap: $5.90 billion
USD1 market cap: $4.43 billion
PYUSD market cap: $3.94 billion

Market updates:

USDC’s adjusted trading volume first surpassed USDT, reaching an all-time high
Ethena (ENA) sees the unlock of 16 million tokens, while the USDe staking rate remains steady
The Hong Kong Monetary Authority (HKMA) failed to issue the first Hong Kong dollar stablecoin license as originally targeted for March; the timeline has been pushed to after April
The “yield vs. incentives” compromise proposal for the U.S. CLARITY Act stablecoin continues to spark controversy, with Coinbase and others stating they do not support it

Summary:

Over these two days, the stablecoin market has remained steady, with no notable fluctuations or shocks from major events. (Source: CoinFound)

USDC0.03%

USDE0.01%

USD1-0.04%

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