[Chain News] The market for stablecoins is indeed getting bigger and bigger. The latest data shows that the total market capitalization of the entire stablecoin market has surpassed 306.7 billion USD.
What is even more noteworthy is that USDT remains the absolute leader in this field—holding over 60% of the market share by itself. This figure basically indicates that for every 10 dollars of stablecoin circulating in the market, at least 6 dollars are USDT.
From the perspective of market concentration, this pattern of a single dominant player is likely to be difficult to break in the short term.
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WenMoon
· 12-02 13:04
USDT dominates the market.
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RugpullSurvivor
· 12-02 13:01
USDT is truly dominant.
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MysteryBoxOpener
· 12-02 13:01
USDT is the best in the world
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SandwichDetector
· 12-02 12:53
Not afraid of being unregulated even in a monopoly.
The stablecoin market has surpassed 306.7 billion USD, with USDT accounting for over 60%, firmly sitting in the top position.
[Chain News] The market for stablecoins is indeed getting bigger and bigger. The latest data shows that the total market capitalization of the entire stablecoin market has surpassed 306.7 billion USD.
What is even more noteworthy is that USDT remains the absolute leader in this field—holding over 60% of the market share by itself. This figure basically indicates that for every 10 dollars of stablecoin circulating in the market, at least 6 dollars are USDT.
From the perspective of market concentration, this pattern of a single dominant player is likely to be difficult to break in the short term.