Stablecoin Market Expands as Tether Strengthens Dominance
I note the stablecoin market grew 1.28% last week, adding $3.464 billion to reach $273.169 billion. Tether (USDT) remains dominant, holding 60.49% market share and increasing supply by roughly 730 million coins over seven days.
This expansion and concentration around Tether (and growing USDC presence) underscore continued demand for on-chain liquidity and fiat rails. At the same time, the market’s concentration raises concentration and regulatory scrutiny risks.
Analysis
Recommendation
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.