Stablecoin Market Cap Nears $310B at Record Highs Despite Crypto Crash
Yahoo Finance·2025-12-16 03:16

Stablecoin total market capitalization now approaches the 310billionmark,reachinganotheralltimehighdespitepoormarketconditionsascryptocurrencypricescrashandhundredsofmillionsofdollarsareliquidatedfromleveragedpositionsinalongsqueeze.CoinspeakerretrieveddatafromDefiLlamaonDecember15thatshowsa310 billion mark, reaching another all-time high despite poor market conditions as cryptocurrency prices crash and hundreds of millions of dollars are liquidated from leveraged positions in a long squeeze. Coinspeaker retrieved data from DefiLlama on December 15 that shows a 309.83 billion market cap for stablecoins, up 0.44% in the last 24 hours and marking record high levels. Tether dollar-pegged token is the leading stablecoin, dominating 60% ...