Top 5 Stablecoins Today by Market Cap

Simran

USDT (Tether) leads with $150–172B market cap, the largest and most widely used stablecoin.

USDC (Circle) holds $70–75B, the second largest and highly regulated stablecoin.

Athena USDe grows rapidly, reaching over $13B and gaining market attention.

DAI (MakerDAO) stands out as the leading decentralized stablecoin with $9–11B

BUSD and TUSD each hold $4–7B, losing market share but still widely used. 

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