Stablecoin Market Adds $2 Billion in 7 Days as
USDT Holds Near $190 Billion
After hovering slightly above the $320 billion threshold last week, the stablecoin sector pulled in more than $2 billion in fresh capital over the past seven days. Data from Defillama shows the stablecoin economy now carries a combined market capitalization of $322.74 billion.
Key Takeaways
- Tether’s USDT hit $189.63B on May 10, keeping 58.76% control of the stablecoin market.
- Circle’s USDC added $1.61B in 7 days, signaling renewed demand for dollar-backed crypto.
- USDG jumped 11.89% to $2.658B, putting newer stablecoins back in the spotlight.
Stablecoin Market Starts Swelling Again
As of this weekend, tether (USDT) remains the unquestioned heavyweight of the sector, holding a towering $189.63 billion market valuation; the asset posted a mild 0.05% increase over the past week. USDT’s share of the $322.74 billion stablecoin market now stands at 58.76%, giving tether a commanding lead over the rest of the sector and further cementing its role as the dominant liquidity vehicle across the crypto economy.
Defillama.com stablecoins show that Circle Internet Group’s USDC showed a bit more energy, posting a 2.08% gain over the last seven days as it comfortably held onto the No. 2 position with a $78.96 billion market capitalization. Roughly $1.61 billion in fresh inflows poured into USDC between May 3 and May 10, 2026, giving the stablecoin one of the strongest weekly performances among the sector’s largest issuers.
USDG momentum and ongoing flows
USDG’s market cap jumped 11.89% to reach $2.658B, reinforcing the appeal of newer stablecoins. Circle Internet Group’s USYC now carries a $2.981 billion valuation, strengthening the presence of tokenized Treasury-backed products among the sector’s largest dollar-pegged assets.
The latest inflows since May 3 suggest capital continues to rotate back into dollar-pegged crypto assets, even as performance among the sector’s largest stablecoins remains sharply divided.
