Tether will increase its management within the $25.917 billion Stablecoin market as gross sales spotlight altering utility developments

• Tether leads the Stablecoin market by 62.38% and $55.3 billion in day by day buying and selling quantity.
• The USDE surpasses the DAI of the amount, regardless of its equal market capitalization, indicating a better utilization in Defi.
• USD1 has the very best turnover fee, buying and selling $755 million with a market capitalization of $2.2 billion.

The full quantity of all stubcoins reached $259.17 billion as of July 7, 2025, consisting of seven.70% of the entire crypto market. Information compiled by the Phoenix Group reveals that Tether (USDT) stays the most important Stablecoin when it comes to each market capitalization and buying and selling exercise. USDT's complete market capitalization is $158.6 billion, accounting for 62.38% of all stubcoins. Token additionally led buying and selling volumes at $55.3 billion over 24 hours, strengthening its central function in digital belongings liquidity.

USD Coin (USDC), issued by Circle, was the second largest Stablecoin with a market capitalization of $62 billion. The 24-hour buying and selling quantity was $6.2 billion, decrease than Tether. However, USDC continues to be extensively utilized in regulatory compliant environments and maintains secure demand from establishments, whereas USDT is totally used.

Midcap Stubcoin reveals quite a lot of quantity actions

These cash have the identical market capitalization, however present various levels of use. Each USDE and DAI have a market capitalization of 5.3 billion. However, there was a considerable distinction within the 24-hour quantity. The USDE traded quantity was $83.8 million and Dai was $19.1 million. This hole illustrates totally different use circumstances with excessive turnover charges for USDE. This might be associated to buying and selling or liquidity incentives on decentralized platforms.

The very best buying and selling quantity gross sales market cap ratio was registered inside USD1 among the many tokens studied. The market capitalization was $2.2 billion, with a 24-hour buying and selling quantity of $755.5 million. Statistics present that regardless of its comparatively small dimension, there’s a excessive token circulation. Such exercise ranges could point out short-term demand patterns or use of arbitrage in lively buying and selling markets.

A number of equestrians exterior the higher layer additionally recorded measurable actions. FDUSD had a market capitalization of $1.4 billion, buying and selling $400,000 inside 24 hours. PayPal's PYUSD reached a market capitalization of $871.5 million, with a day by day market capitalization of $12.5 million. USDY and USDO have closed their lists with market capitalizations of $637.1 million and $621.4 million, respectively. The 24-hour buying and selling volumes for every had been $1.7 million and $4.2 million. Regardless of the growing diversification of Stablecoin choices, Tether continues to stay the dominant writer.