$USDT, $USDC, and $USDe Lead Top Stablecoins by Market Capitalization

Source: CryptoNewsNet Original Title: $USDT, $USDC, and $USDe Lead Top Stablecoins by Market Capitalization Original Link: https://cryptonews.net/news/altcoins/32186729/ The stablecoin sector continues to display notable traction across the globe. Particularly, $USDT, $USDC, and $USDe are leading the list of top stablecoins in terms of market capitalization. The rising growth of the stablecoin world has pushed its total market capitalization to $317.40B, occupying 10.83% of the crypto market.

$USDT Leads Stablecoin Sector as Market Cap Hits $186.7B with 60.53% Dominance

Tether ($USDT) claims the top position among the stablecoins with a market capitalization of $186.7B. The 24-hour volume of $USDT stands at $75.1B, strengthening its role as the most trusted asset among retail and institutional investors. The top stablecoin accounts for a 60.53% market dominance.

$USDC ranks 2nd in the stablecoin sector with a market capitalization of $76.7B and a 24-hour volume of $10.8B. In 3rd position is $USDe, with a market capitalization of $6.3B and a 24-hour volume of $121.9M.

$DAI, $PYUSD, and $USD1 Follow Stablecoin Leaders

The 4th top stablecoin is $DAI with a market cap of $5.3B and a 24-hour volume of $113.0M. $PYUSD ranks 5th with a market cap of nearly $3.8B and a 24-hour volume of $79.0M. $USD1 claims the 6th spot with a market cap of $2.8B and a 24-hour volume of $1.8B.

$USDf holds the 7th position with a market capitalization of $2.1B and a 24-hour volume of approximately $1.0M. $USDG follows with a market cap of $1.5B and a 24-hour volume of $26.7M. At the end of the list is $RLUSD with $1.3B in market cap and $66.7M in 24-hour volume.