The supply of the stablecoin market has exceeded $250 billion, and the yield-bearing stablecoin Ethena has quickly risen to $6 billion.

ZkSnarker · 2025-06-19T03:02:43+00:00

On June 19, according to a report from a data platform, the supply of stablecoins in the market has surpassed 250 billion USD for the first time. Among them, yield-bearing stablecoins are growing rapidly, with Ethena reaching nearly 6 billion USD since its launch; Tether and Circle continue to dominate the market, collectively accounting for 86% of the Circulating Supply; the diversity of issuers has increased, with more than 10 stablecoins having a Circulating Supply exceeding 100 million USD; over 120 billion USD of US Treasury bonds are locked within stablecoins, forming a liquidity pool outside the traditional market.

ZkSnarker

2025-06-19 03:02:43

On June 19, according to reports from data platforms, the supply of the stablecoin market has exceeded 250 billion USD for the first time. The yield-bearing stablecoins are rising rapidly, with Ethena reaching nearly 6 billion USD since its launch; Tether and Circle still dominate the market, accounting for a combined 86% of the Circulating Supply; the diversity of issuers has increased, with more than 10 types of stablecoins having a circulation exceeding 100 million USD; over 120 billion USD of U.S. Treasury bonds are locked in stablecoins, forming a liquidity pool outside of traditional markets.

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