Stablecoin market cap holds near $311.2B as Plasma gains 13%
- —Stablecoin market cap is $311.21 billion, up 0.14% for the week and 1.34% over 30 days
- —USDT holds 58.88% of the market ($183.25 billion), USDC 23.75% ($73.9 billion)
- —Ethereum holds 47.2% ($146.9 billion), Tron $94.5 billion, Solana $154.6 billion
- —Plasma rose 13% over the week, Arbitrum lost 11%, Polygon 6.22%
Why it matters: Growth in on-chain transfers and active addresses points to expanding real-world use of stablecoins even as their market cap stagnates.
Source: TokenPost