The total value of all stablecoins in the cryptocurrency market is currently over $228.83 billion, accounting for 7.98% of the market capitalization. USDT is the dominant stablecoin with a market share of 63.42% and a total market capitalization of $142.1 billion. USDT is known for its high liquidity and reliability during market downturns. USDC is the second-largest stablecoin with a market capitalization of $55.9 billion and is favored by institutional investors for its regulatory compliance and transparency. Other notable stablecoins include USDe, DAI, FDUSD, USDO, PYUSD, FRAX, and TUSD. Stablecoins are crucial for maintaining liquidity and stability in the cryptocurrency market, providing investors with a reliable financial asset.



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