The stablecoin economy is once again aiming for new heights, passing the $313 billion mark this weekend. According to indicators from defillama.com, Sky’s USDS recorded the biggest increase among the top 10 fiat-pegged coins, gaining 8.5% over the past seven days.
Stablecoin sector surpasses $313 billion amid steady inflows
According to stablecoin statistics recorded by defillama.com, the fiat-pegged token economy (mainly comprised of US dollar coins) expanded by 0.88% this week with an inflow of $2.742 billion. Tether ( $USDT) continues to dominate the market, with a market capitalization of $183.93 billion, a slight increase of 0.16% in 7 days. Tether’s dominance has fallen below the 60% mark, and it now accounts for 58.76% of the $313.02 billion stablecoin sector.
Circle USDC was valued at $77.38 billion, marking a significant weekly increase of 2.79%. SkyDollar (USDS) remained in third place with a market capitalization of $7.54 billion, registering a notable increase of 8.5% over the past 7 days. As mentioned earlier, USDS led the pack in growth among the top 10 this week.
Image source: Defillama.com
Next, Ethena’s USDe and World Liberty Financial’s USD1, with market capitalizations of $5.95 billion and $4.61 billion, respectively, both recorded declines of 1.88% and 2.29%. Sky’s dai (DAI) remains the leading contender with a market cap of $4.5 billion and is up 2.08% weekly, while PayPal’s PYUSD is down just 0.39% this week to $4.18 billion.
Rounding out the top 10 are Blackrock’s BUIDL with $2.53 billion (up 1.94%), Circle’s USYC with $1.99 billion (up a noteworthy 8.12%), and Falcon’s USDf with a market cap of $1.62 billion and a 7-day volatility of 0.07%. It’s stable. This week’s numbers show that the stablecoin sector continues to attract new capital, even as competition among issuers quietly increases.
With over $313 billion currently in circulation, fiat-pegged tokens remain one of the most widely used instruments in the broader digital asset economy. Dollar-pegged coins continue to dominate the sector, reflecting the persistent demand for blockchain-based liquidity tied to the US currency. At the same time, other fiat-pegged coins are also trying to enter the fray.
Competition among stablecoin issuers shows no signs of slowing down in 2026 as inflows continue and market shares shift.
Frequently asked questions 🧭
- What is the total size of the stablecoin market in 2026?
According to data from Defillama, the global stablecoin market has grown to a total of over $313 billion. - Which stablecoin has the largest market capitalization?
Tether ( $USDT) remains the largest stablecoin, with a market capitalization of approximately $183.9 billion. - Which stablecoin made the most money this week?
Sky’s USDS posted the biggest weekly gain among the top 10 stablecoins, rising around 8.5%. - Why are stablecoins important to the crypto market?
Stablecoins provide dollar-pegged liquidity that traders use to pay, trade, and move funds on cryptocurrency exchanges around the world.
