Top 8 USD Stablecoins By Market Cap Top $245 Billion in July

Main Idea
Stablecoins have become a significant part of the financial economy in 2025, with the top eight denominations collectively worth $245 billion, representing 4.29% of the US dollar base supply, and their growth reflects increasing demand in crypto markets.
Key Points
1. The top eight stablecoin denominations were collectively worth approximately $245 billion as of the reporting time, according to CoinMarketCap data.
2. Stablecoins represent about 4.29% of the US dollar base supply, which was $5.7 trillion at the same time.
3. The growth of stablecoins highlights the increasing demand in crypto markets, despite many US businesses and individuals still not owning cryptocurrency.
4. Stablecoins like Tether and USDC function as price-stable digital tokens backed by reserves, regulated under the GENIUS Act to maintain a 1-to-1 reserve ratio.
5. The sheer volume of stablecoins in Q3 2025 underscores the burgeoning growth of crypto markets and valuations.
Description
Now, what that means is that the total amount of circulating stablecoins of these eight denominations (e.g., USDT) was collectively worth approximately $245 billion US dollars, according to CoinMarketCap data as of the time of this writing. Stablecoins Compared To US Dollar Base Supply Stablecoins are already a significant part of the financial economy in 2025, and the world’s central banks and the IMF recognize that there’s a real presence in the blockchain sector. For a useful baseline compari...
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