According to CoinGecko, the current market value of stablecoins is approximately $161.7 billion. Among them, the market value of USDT issued by Tether is $112.8 billion, accounting for nearly 70%, while Circle’s USDC has gradually risen to a market value of $32.5 billion, accounting for about 20%.
Circle Becomes First MiCACompliant Stablecoin Issuer Will Tethers Leading Position Be Challenged