Stablecoin deposits in DeFi reach $24B, up 560.8% in three years
- —DeFi stablecoin deposits hit $24B, up 560.8% over three years
- —USDC holds 38.2% of deposits at about $9.2B, nearly double USDT
- —USDT accounts for $4.9B (20.3%), USDe for $2.2B (9.0%)
- —Stablecoin lending pool TVL is $25.68B; net outflows of $99.8M over the past month
Why it matters: DeFi deposits are just 8% of the $298.4B stablecoin market, leaving ample room for yield-seeking capital to grow.
Source: Crypto Briefing