The stablecoin market continues to expand, gaining $2.03 billion in the past seven days to reach a total capitalization of $304.6 billion, according to DefiLlama.

Once seen as a niche tool for traders, stablecoins have become a core pillar of digital finance—offering speed, low fees, and stability amid crypto’s volatility.

Tether (USDT) remains the dominant player with 58.9% market share and a $179.3 billion cap, followed by USDC at $74.8 billion and USDe at $14.3 billion. Together, these top three stablecoins account for over 85% of the market.

Other rising names include DAI, USDS, BUIDL, and PayPal’s PYUSD, which recently surpassed $2.5 billion in value.

The sector has grown from under $3 billion in 2018 to over $300 billion in 2025, reflecting its vital role in DeFi, payments, and global liquidity. Stablecoins now act as the bridge between traditional finance and blockchain, providing reliability across global markets.

This week’s $2 billion growth highlights continued trust and adoption, even amid broader crypto market turbulence.