CoinFound Data: The total market capitalization of stablecoins is $3226.86 billion.

ME News Report, April 9th (UTC+8), according to CoinFound data:

• USDT market cap: $196.36 billion
• USDC market cap: $77.47 billion
• DAI market cap: $5.23 billion
• USDS market cap: $2.81 billion
• EURC market cap: $12.29 billion
• USDe market cap: $2.81 billion
• USD1 market cap: $1.39 billion
• PYUSD market cap: $3.99 billion

Market Dynamics:

• FDIC approves major regulatory framework for stablecoins and tokenized deposits, clarifying reserve asset requirements of 1:1 full backing
• GENIUS Act implemented: Wall Street banks compete for deployment, Bank of America CEO warns $6 trillion in deposits may flow into stablecoins
• Switzerland’s six major banks jointly test Swiss franc stablecoin sandbox, exploring blockchain application scenarios
• Institutional report: 77% of corporate stablecoin users mainly use them for supplier payments, saving over 10% in costs

Summary:

• Total market cap of stablecoins today is $60k, an increase of $322.69B in 24 hours, influenced by FDIC cautious regulatory approval, the official implementation of the GENIUS Act, and Switzerland’s six major national banks launching Swiss franc stablecoin sandbox. Overall, stablecoins maintain a 0.28% seven-day growth trend, with a more diverse competitive landscape. 77% of corporate users mainly use stablecoins for supplier payments (cost savings over 10%), and 54% of Fortune 500 companies are evaluating entry. Institutional adoption is shifting from pilot projects to scale, showing steady expansion from crypto assets to digital payment infrastructure, unaffected by short-term price fluctuations. (Source: CoinFound)