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Jamie Redman

Stablecoin Sector Falls $1.04B Since March 21; USDT Keeps 58.42% Share as USDC Outflows Lead

Since March 21, the total stablecoin market cap has declined by $1.04 billion, with seven of the top ten tokens recording net redemptions. USDC saw about $1.372 billion in outflows over the period, while USDT remained the largest stablecoin with $184.068 billion in market cap and 58.42% of the sector. A few smaller products moved the other way, including BUIDL, USYC, and USDG, which posted weekly gains.