Tether Fuels $2.5B Stablecoin Growth This Week

The stablecoin sector expanded by a full percentage point this past week, growing by $2.558 billion in total. Of that figure, a hefty $1.45 billion came directly from Tether’s USDT, continuing its lead role in the space.

Stablecoin Market Swells by $2.5B in 7 Days

As of now, data from defillama.com shows the stablecoin market hovering just shy of the $250 billion threshold, clocking in at $249.986 billion. Since last Saturday, the overall stablecoin supply has increased by $2.558 billion—with Tether alone minting $1.45 billion of that total.

On Saturday, June 7, Tether’s USDT boasted a market cap of $155.115 billion, claiming 62.05% of the entire $249 billion stablecoin ecosystem. Meanwhile, Circle’s USDC saw only a slight uptick, inching up 0.06% with a modest $38 million addition. USDC’s total valuation this weekend now sits at $60.643 billion.

Among the top ten players, Sky’s USDS and Paypal’s PYUSD saw the most upward action this week, jumping by 14.05% and 10.69%, respectively. On the flip side, Sky’s DAI dropped 7.54%, while First Digital’s FDUSD dipped 7.18%. World Liberty Financial’s USD1 nudged ahead by 0.23%, gaining $5 million over the past seven days.

So far in 2025 since the start of the year, the stablecoin economy has grown by $44.776 billion.