Stablecoin Market Cap Hits New Peak as Broader Crypto Market Struggles
Yahoo Finance·2026-01-22 21:01

The global stablecoin market surged to a new all-time high this week, surpassing 311billionintotalsupply,evenasbroadercryptomarketsstruggleundersharppricedeclinesandheavyliquidations.AccordingtodatafromDeFiLlama,thestablecoinmarketcappeakedat311 billion in total supply, even as broader crypto markets struggle under sharp price declines and heavy liquidations. According to data from DeFiLlama, the stablecoin market cap peaked at 311.332 billion on January 18, and currently sits at 309.066billion.TethersUSDTremainsthedominantissuerwithmorethan309.066 billion. Tether’s USDT remains the dominant issuer with more than 187 billion in circulation, followed by Circle’s USDC at approximately $74 billion, per CoinGecko data. " ...