Stablecoin Market Cap Surpasses $300B Milestone For First Time

TheCryptoTimes發佈於 2025-10-03更新於 2025-10-03

While the crypto market is seeing renewed interest, the stablecoin market cap has achieved a major milestone of surpassing $300 billion in market capitalization. The number marks an all-time high for the sector, which is growing tremendously after the GENIUS Act in the U.S. was passed in July this year. 

According to data by DeFiLlama, the total value of all stablecoins now sits at $301 billion. This is a 1.84% increase from last week and a 6.5% increase from the last 30 days. 

Tether’s USDT has the crown to itself, with it having a dominant market share of 58% and a capitalization of $176.3 billion. Circle’s USDC, which has a 24.5% market share, comes in second with $74 billion. Following USDC is Ethena’s USDe with a capitalization of $14.8 billion and MakerDAO’s DAI with $5.0 billion capitalization at fourth position, respectively. 

The rising emergence of stablecoins 

There has been a surge in stablecoins over the past few months. A September research report by Citi Group forecasted that the global stablecoin market could be worth $4 trillion by 2030 in a best-case scenario and $1.9 trillion in a base case. 

According to Citi, stablecoins could handle up to $100 trillion in transactions each year. Its report says that this is a huge amount, but it’s still not as substantial as the trillions of dollars in transactions that the world’s biggest banks handle on a daily basis. The bank also warned investors that payments between countries take longer because many countries already have fast and cheap ways to pay each other. 

Also Read: Coinbase Re-Enters India with Early Access Amid Regulatory Shifts


Mobile Only Image

你可能也喜歡

55TB 变 28TB?Rubin 内存要砍半背后的谣言与恐慌

6月4日,半导体研究机构SemiAnalysis发布报告,指出英伟达下一代AI超算平台Vera Rubin NVL72的内存配置可能低于预期:每机架CPU侧采用的SOCAMM DRAM容量或从预期的约55TB降至约28TB,主要因多数系统将安装96GB模块而非192GB。此消息引发市场对内存需求“腰斩”的恐慌,导致美光(MU)股价单日一度暴跌超10%,市值蒸发超千亿美元。 然而,文章分析认为市场解读存在误区。首先,Rubin平台采用的SOCAMM2模块为可插拔设计,允许后续灵活升级,初始配置降低不等于永久需求收缩。其次,降配主因是2026年LPDDR5X供应链极度紧张,英伟达为保障机架交付和算力尽快上线而采取的务实策略,实际反映的是需求压倒供给。再者,在同等内存供给下,降低单机架配置反而可能使英伟达组装并出货更多机架,对内存厂商的总订单量影响有限。 美光当日大跌,也被认为更多是受半导体板块整体情绪拖累——博通(Broadcom)因未上调全年AI芯片收入指引而股价重挫,叠加SemiAnalysis报告提供的叙事催化,共同触发了高位获利回吐。 文章最后指出,美光当前的核心风险在于其在Rubin平台HBM4订单中的份额偏低,而非SOCAMM配置变化。此次市场恐慌更多是基于对标题的片面解读,忽视了模块化架构的升级弹性与行业供不应求的背景。

marsbit24 分鐘前

55TB 变 28TB?Rubin 内存要砍半背后的谣言与恐慌

marsbit24 分鐘前

“老登股”变“新贵”:从戴尔到诺基亚,AI如何重估旧基础设施?

过去被视为增长缓慢的“老牌科技股”,如戴尔、诺基亚、思科、康宁、西部数据等,近期因AI热潮而表现亮眼。这并非简单的市场炒作,而是AI发展进入实际部署阶段的必然结果。 此前,AI投资焦点集中在英伟达等算力核心和模型上。但随着AI从理论走向实践,大规模建设数据中心和部署应用需要完整的系统工程能力。这恰恰是老牌科技公司的优势所在。它们凭借几十年积累的客户、供应链、系统集成和交付经验,在AI基础设施建设中找到了新角色。 具体而言,市场主要从三条线重估这些公司:一是服务器与系统集成(如戴尔、HPE),它们扮演着将GPU等核心部件整合成完整AI服务器并交付的“总包商”角色;二是网络与连接(如康宁、诺基亚、思科),AI算力集群的高效运行极度依赖高速互联和光纤网络;三是存储(如西部数据、希捷),AI产生的海量数据(包括训练数据、日志、冷数据)催生了对高性价比大容量硬盘的持续需求。 真正的重估需要满足几个条件:明确的AI相关订单和收入增长、公司因此上调业绩指引、以及利润质量的同步改善。AI并不会让所有传统公司重生,它只筛选出那些真正卡位关键基础设施环节、并能将新需求转化为可持续利润的企业。这轮行情标志着AI进入真实建设期,市场开始为“谁能把AI基建建起来”的能力定价。

marsbit43 分鐘前

“老登股”变“新贵”:从戴尔到诺基亚,AI如何重估旧基础设施?

marsbit43 分鐘前

交易

現貨
合約
活动图片