This article is also available in Spanish.
Over the past few months, Stablecouins have expressed airy on their more speculative counterparts, including tokens inspired by politicians. However, the last data in the chain suggests that Stablecouins have returned and exceeded the market capitalization worth $ 200 billion.
According to the data made available by AlpractionThe capitalization of the segment increased to $ 211 billion, which is a record high, thanks to months of stable growth, which began in mid -20123.
Stablecouins“Market capitalization increased by 73% compared to $ 121 billion in August 2023, updated data published on January 31. The main driving force of this segment is still USDT, but USDC has recently gained on the ground what is fascinating.
🚨 Stablecoin Cape Cap exceeds USD 211 billion – USDC gains a momentum!
From 2023, the Stablecoin market has increased significantly, mainly through USDT (Tether). However, USDC has recently gained an advantage over other stableleins.
This trend occurs due to the last inheritance … pic.twitter.com/irkrqermce
– alprabtal (@alphraction) January 31, 2025
USDT Tether remains the main driving force of growth
From 2023, the Stablecoin market became stable, mainly because of Tether’s USDT. At present, Stablecouins are worth $ 223 billion, which is an boost of 0.2% compared to yesterday.
Interestingly, USDT and USDC are the current StableCoins growth factors. In addition to the numbers from both coins, the Stablecoins group has not changed much since 2023 and showed constant and average values. At the moment, USDT Tether is valued at almost $ 140 billion and USDC is $ 53 billion.
USDC is slowly gaining on other coins
Post Alphraktal on Twitter/X shows that USDC is gaining on other stableleins on the market. According to the post USDC.
Post also showed that the dominance of USDC in this segment reached a key level of resistance, the same amount observed in 2021. It was the beginning of the bear in 2022, when the price of bitcoins dropped to USD 15,500. If this record is maintained, it can serve as a market bear, affecting investors’ purchases. However, if this record drops, it can be a USDC jump table to apply for fresh ups.
What to expect from the Stablecoins segment in a tiny period
In the last course of the bull, the supply of USDC increased in May, and then reached its highest level in March 2022. The market capital of Stablecoin increased by 170% from April 2021 to March 2022. If the current supply of the coin is still growing, but the price begins to drop , it begins to fall on the Stablecoin market can reach the peak in a few months.
Traditionally growing market capitalization for Stablecoin reflects the growing trust of investors, which signals the boost in the influx of capital.
On the contrary, the growing market capitalization of Stablecoin is usually associated with the growing belief of investors, which signals the potential of increased influx of capital. This suggests that the stubborn rush can last for several months.
A distinguished picture from Gemini Imagen, chart from TradingView
