CoinFound Data: The total market capitalization of stablecoins is $322.75 billion.

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

• USDT Market Cap: $196.36 billion
• USDC Market Cap: $77.47 billion
• USDS Market Cap: $12.50 billion
• EURC Market Cap: $12.29 billion
• USDe Market Cap: $5.90 billion
• USD1 Market Cap: $4.47 billion
• PYUSD Market Cap: $3.99 billion

Market Dynamics:

• SEC announced a roundtable meeting on April 16th to debate the “Clarity Act” interest ban
• Circle showcased real-world testing data of “post-quantum encryption” on the Arc chain, defining the Q-Day security standard
• FDIC released stablecoin guidelines covering reserve assets and capital requirements
• Circle minted 550M USDC on Solana within 12 hours, with nearly 10.19 billion issued in the past 30 days
• Circle CEO plans to visit Korea next week to meet with banks and CEXs to promote USDC adoption

Summary:

• The stablecoin market continued its steady growth from 2026 on April 7-8, serving as an “anchor” amid volatility. Total market cap has approached or exceeded Q1 peaks, with strong signals of regulatory implementation. Future focus includes the details of the GENIUS Act, more institutional entry, and multi-chain expansion. (Source: CoinFound)