Cryptocurrency analysts set a historic record for capitalization in the stablecoin market

In early December 2024, the market value of stablecoins reached a historic high, exceeding $ 200 billion. According to the analytical tracker CoinGecko, the daily trading volume of stablecoins has grown to $ 148 billion, which indicates their popularity among cryptocurrency market users.

Cryptocurrency experts named Tether’s stablecoinas the absolute leader with a capitalization of over $ 138 billion, which is 69.46% of the total market. Circle’s USDC is in second place ($ 40.9 billion), and USDE is in third place ($ 5 billion).

Satoshi Club analysts reported that over the past month, the capitalization of stablecoins has increased by 13%. This is due to the increased user demand for staking yields, which is currently 10−20% per year in such protocols as Aave and Compound.

Experts point out that this growth indicates an increase in confidence in stablecoins as a tool for capital preservation and investment in the cryptocurrency space.