Key Takeaways
- Tether’s USDT hit $189.63B on Might 10, maintaining 58.76% management of the stablecoin market.
- Circle’s USDC added $1.61B in 7 days, signaling renewed demand for dollar-backed crypto.
- USDG jumped 11.89% to $2.658B, placing newer stablecoins again within the highlight.
Stablecoin Market Begins Swelling Once more
As of this weekend, tether ( USDT) stays the unquestioned heavyweight of the sector, holding a towering $189.63 billion market valuation; the asset posted a gentle 0.05% enhance over the previous week. USDT’s share of the $322.74 billion stablecoin market now stands at 58.76%, giving tether a commanding lead over the remainder of the sector and additional cementing its position because the dominant liquidity automobile throughout the crypto financial system.
Defillama.com stablecoin stats present that Circle Web Group’s USDC confirmed a bit extra power, posting a 2.08% achieve during the last seven days because it comfortably held onto the No. 2 place with a $78.96 billion market capitalization. Roughly $1.61 billion in recent inflows poured into USDC between Might 3 and Might 10, 2026, giving the stablecoin one of many strongest weekly performances among the many sector’s largest issuers.

Sky’s USDS claimed the bronze place with a $7.88 billion market cap, although the token clearly endured a bruising week after slipping 6.37%. In the meantime, Sky’s DAI held regular in fourth place at $4.66 billion, managing a modest 0.63% enhance over the identical stretch. Rounding out the highest 5 was World Liberty Monetary’s USD1 at $4.43 billion, which appeared content material to idle this week because the stablecoin drifted 2.12% decrease.
After weeks of persistent outflows, the yield-bearing stablecoin USDe managed by Ethena lastly reversed course with a 1.6% weekly achieve, inserting it sixth total with a $3.96 billion market cap this weekend. Paypal’s PYUSD adopted behind at $3.41 billion, although the stablecoin confirmed indicators of renewed exercise after climbing 1.11% during the last seven days. In the meantime, Blackrock’s BUIDL posted a 5.81% enhance this week, lifting the tokenized Treasury fund to $2.986 billion.
On the similar time, Circle Web Group’s USYC, one other U.S. Treasury-backed product in the identical class as BUIDL, added 2.68% in the course of the interval. Circle Web Group’s USYC now carries a $2.981 billion valuation, additional strengthening the presence of tokenized Treasury-backed merchandise among the many sector’s largest dollar-pegged property.
Lastly, within the No. 10 place, USDG recorded a a lot bigger 11.89% weekly enhance to achieve $2.658 billion. Among the many high ten stablecoins, USDG delivered the strongest achieve over the previous seven days. The most recent inflows since Might 3 recommend capital continues to rotate again into dollar-pegged crypto property, whilst efficiency among the many sector’s largest stablecoins stays sharply divided.