"Tether (USDT) continues to dominate the sector with a market capitalization of $184.068 billion, even after a modest seven-day dip of -0.03%, or just over $56 million in outflows."
"USDT currently accounts for 58.42% of the stablecoin sector's total valuation, which stands at $315.072 billion after the $1.04 billion loss."
"The $1.04 billion in outflows coincides with a broader pullback across the crypto economy this week, wiping out a large share of early March's gains."
"Still, the week's stablecoin data points to selective contraction rather than systemic stress, with capital rotating instead of exiting entirely."
Tether (USDT) leads the stablecoin market with a capitalization of $184.068 billion, representing 58.42% of the total stablecoin valuation of $315.072 billion. USDC follows with a market cap of $77.723 billion, experiencing a weekly decline of -1.73%. Other notable stablecoins include USDS at $8.146 billion, USDe at $5.904 billion, and DAI at $4.555 billion. The overall market saw $1.04 billion in outflows, indicating a selective contraction rather than systemic stress, with some stablecoins like BUIDL and USYC showing gains amidst the broader pullback in the crypto economy.
Read at news.bitcoin.com
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