Stablecoin market cap rebounds above $309 billion, up 50% since 2024

  • Stablecoin market capitalization rebounded in August, with reported totals of $311 billion and $309.27 billion.
  • USDT held roughly 60% of the market at about $183.0 billion, while USDC held 24%-25%.
  • The market remained about $13 billion below its May high, while euro stablecoins and tokenized real-world assets also grew.

Stablecoin market capitalization rebounded in August after three consecutive monthly declines, with reports placing the market at $311 billion and $309.27 billion in separate measurements. The latter figure was roughly 50% above the $206.0 billion recorded at the end of 2024 but about $13 billion below the May all-time high of $322.0 billion. USDT accounted for roughly 60% of the market at about $183.0 billion, while USDC held $74.0 billion-$75.0 billion and a 24%-25% share; together, they represented about 85%.

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