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CoconutWaterChillSquad

2026-05-20 22:33:02

Tether rescuing Drift and also secretly snatching USDC market share—impressive move.

DRIFT-6.2%

View Original

MeNews2026-05-20 22:27:48

CoinFound Data: The total market capitalization of stablecoins is $325.72 billion.

This issue presents the market capitalization landscape of various chains (ETH, TRON, Solana, etc.) and market dynamics: the White House promotes a crypto market structure bill, FinCEN/OFAC and FDIC propose AML/CFT frameworks for stablecoins, Tether leads the Drift rescue and promotes USDC to USDT conversion, Hong Kong stablecoin initiatives and Circle assist Korea in issuance. Overall, the stablecoin market continues to grow and reach new highs, with no signs of de-pegging; regional policy drivers and on-chain data transparency have become key focus points.

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