Tether held 58.65% of the stablecoin market as total stablecoin value slipped to $323.052 billion. World Liberty Financial’s USD1 rose 6.20% over the week, adding about $281 million in inflows and securing fourth place with a $4.801 billion market cap. Ethena’s USDe and PayPal’s PYUSD both gained more than 4%, reflecting ongoing competition. The broader crypto economy saw a pullback, and stablecoins recorded roughly $90.01 million in net outflows. Circle’s USDC remained second-largest at $76.619 billion, down 0.58%. Sky’s USDS rose to $8.861 billion, up 0.79%, while Sky’s DAI fell 0.85% to $4.574 billion. The top five stablecoins totaled about $284.323 billion, or 88.01% of net capitalization.
"Tether held 58.65% of the stablecoin market as the sector slipped to $323.052 billion. World Liberty Financial's USD1 jumped 6.20%, adding roughly $281 million in inflows. Ethena USDe and Paypal PYUSD gained over 4%, signaling continued stablecoin competition. As the broader crypto economy weathered a widespread pullback this week, the stablecoin sector recorded roughly $90.01 million in net outflows."
"As of Saturday, May 23, 2026, the market stands at $323.052 billion, with several of the top ten stablecoin contenders posting declines, defillama.com stats show. Tether ( USDT) registered a slight weekly decline of 0.12% over the past seven days. Stablecoin market cap via defillama.com on May 23, 2026 At the same time, Circle's USDC maintained its position as the second-largest stablecoin by market capitalization, holding a valuation of $76.619 billion despite posting a 0.58% dip on the week."
"Meanwhile, World Liberty Financial's USD1 has firmly secured fourth place, reaching a market cap of $4.801 billion and recording the strongest weekly expansion among the top five stablecoins with a 6.20% increase. Roughly $281 million in inflows poured into USD1 during the period. Rounding out the top five is Sky's veteran stablecoin DAI, which holds a market capitalization of $4.574 billion after slipping 0.85% over the trailing seven-day stretch. Combined, the top five stablecoins command approximately $284.323 billion in market value, representing 88.01% of the entire stablecoin economy's net capitalization."
"Ethena's USDe occupies the sixth position among stablecoins this weekend with a market cap of $4.443 billion, posting a notable weekly gain of 4.96%. Close behind in seventh place is Paypal's PYUSD, which carries a market value of $3.607 billion alongside a steady 4.26% climb over the past seven days. Alongside this, Blackrock's BUI"
Read at news.bitcoin.com
Unable to calculate read time
Collection
[
|
...
]