• bitcoinBitcoin (BTC) $ 108,345.00
  • ethereumEthereum (ETH) $ 2,549.60
  • tetherTether (USDT) $ 0.999997
  • xrpXRP (XRP) $ 2.27
  • bnbBNB (BNB) $ 661.16
  • solanaSolana (SOL) $ 151.79
  • usd-coinUSDC (USDC) $ 0.999873
  • tronTRON (TRX) $ 0.286777
  • dogecoinDogecoin (DOGE) $ 0.169577
  • staked-etherLido Staked Ether (STETH) $ 2,547.89
  • cardanoCardano (ADA) $ 0.581434
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 108,304.00
  • hyperliquidHyperliquid (HYPE) $ 39.58
  • wrapped-stethWrapped stETH (WSTETH) $ 3,076.39
  • suiSui (SUI) $ 2.88
  • bitcoin-cashBitcoin Cash (BCH) $ 496.24
  • chainlinkChainlink (LINK) $ 13.50
  • leo-tokenLEO Token (LEO) $ 9.05
  • stellarStellar (XLM) $ 0.250365
  • avalanche-2Avalanche (AVAX) $ 18.09
  • usdsUSDS (USDS) $ 0.999755
  • shiba-inuShiba Inu (SHIB) $ 0.000012
  • wrapped-eethWrapped eETH (WEETH) $ 2,728.97
  • the-open-networkToncoin (TON) $ 2.78
  • hedera-hashgraphHedera (HBAR) $ 0.158571
  • wethWETH (WETH) $ 2,546.80
  • litecoinLitecoin (LTC) $ 86.63
  • whitebitWhiteBIT Coin (WBT) $ 44.95
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • moneroMonero (XMR) $ 317.40
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 108,287.00
  • ethena-usdeEthena USDe (USDE) $ 0.999005
  • polkadotPolkadot (DOT) $ 3.38
  • bitget-tokenBitget Token (BGB) $ 4.30
  • uniswapUniswap (UNI) $ 7.33
  • aaveAave (AAVE) $ 286.43
  • pepePepe (PEPE) $ 0.000010
  • daiDai (DAI) $ 0.999845
  • pi-networkPi Network (PI) $ 0.458384
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
  • okbOKB (OKB) $ 48.42
  • bittensorBittensor (TAO) $ 323.82
  • aptosAptos (APT) $ 4.45
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • jito-staked-solJito Staked SOL (JITOSOL) $ 184.26
  • nearNEAR Protocol (NEAR) $ 2.17
  • internet-computerInternet Computer (ICP) $ 4.81
  • crypto-com-chainCronos (CRO) $ 0.081400
  • ethereum-classicEthereum Classic (ETC) $ 16.59
  • ondo-financeOndo (ONDO) $ 0.787225
  • susdssUSDS (SUSDS) $ 1.06
  • usd1-wlfiUSD1 (USD1) $ 1.00
  • kaspaKaspa (KAS) $ 0.076032
  • mantleMantle (MNT) $ 0.571253
  • fasttokenFasttoken (FTN) $ 4.43
  • cosmosCosmos Hub (ATOM) $ 4.07
  • gatechain-tokenGate (GT) $ 15.46
  • vechainVeChain (VET) $ 0.020640
  • bonkBonk (BONK) $ 0.000023
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.673906
  • official-trumpOfficial Trump (TRUMP) $ 8.63
  • skySky (SKY) $ 0.078913
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.186198
  • ethenaEthena (ENA) $ 0.260724
  • render-tokenRender (RENDER) $ 3.19
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 108,227.00
  • arbitrumArbitrum (ARB) $ 0.333173
  • filecoinFilecoin (FIL) $ 2.27
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,549.23
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.50
  • algorandAlgorand (ALGO) $ 0.175639
  • worldcoin-wldWorldcoin (WLD) $ 0.879521
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.997367
  • usdtbUSDtb (USDTB) $ 0.999826
  • sei-networkSei (SEI) $ 0.258905
  • binance-staked-solBinance Staked SOL (BNSOL) $ 161.24
  • kucoin-sharesKuCoin (KCS) $ 10.96
  • usdt0USDT0 (USDT0) $ 0.999470
  • jupiter-exchange-solanaJupiter (JUP) $ 0.441574
  • spx6900SPX6900 (SPX) $ 1.32
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,670.65
  • nexoNEXO (NEXO) $ 1.22
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,902.69
  • fartcoinFartcoin (FARTCOIN) $ 1.19
  • flare-networksFlare (FLR) $ 0.016489
  • celestiaCelestia (TIA) $ 1.61
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 0.999913
  • xdce-crowd-saleXDC Network (XDC) $ 0.064644
  • injective-protocolInjective (INJ) $ 10.51
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.53
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
  • blockstackStacks (STX) $ 0.650700
  • sonic-3Sonic (S) $ 0.309212
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,723.19
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 2,675.05
  • optimismOptimism (OP) $ 0.544290
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.014862
  • pax-goldPAX Gold (PAXG) $ 3,318.48
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 108,201.00
  • story-2Story (IP) $ 3.12
  • wbnbWrapped BNB (WBNB) $ 661.44
  • kaiaKaia (KAIA) $ 0.150169
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 108,347.00
  • paypal-usdPayPal USD (PYUSD) $ 0.999515
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,680.44
  • dogwifcoindogwifhat (WIF) $ 0.852627
  • clbtcclBTC (CLBTC) $ 110,219.00
  • the-graphThe Graph (GRT) $ 0.084145
  • tether-goldTether Gold (XAUT) $ 3,307.03
  • flokiFLOKI (FLOKI) $ 0.000083
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 170.16
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.27
  • immutable-xImmutable (IMX) $ 0.419283
  • vaultaVaulta (A) $ 0.479475
  • msolMarinade Staked SOL (MSOL) $ 198.15
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 2,749.86
  • ousgOUSG (OUSG) $ 111.69
  • theta-tokenTheta Network (THETA) $ 0.696102
  • curve-dao-tokenCurve DAO (CRV) $ 0.506268
  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 10.73
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.998270
  • lido-daoLido DAO (LDO) $ 0.734018
  • jito-governance-tokenJito (JTO) $ 1.88
  • galaGALA (GALA) $ 0.014211
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.09
  • zcashZcash (ZEC) $ 38.53
  • saros-financeSaros (SAROS) $ 0.235890
  • ethereum-name-serviceEthereum Name Service (ENS) $ 18.59
  • iotaIOTA (IOTA) $ 0.159090
  • wrapped-hypeWrapped HYPE (WHYPE) $ 39.59
  • bittorrentBitTorrent (BTT) $ 0.00000061
  • the-sandboxThe Sandbox (SAND) $ 0.244201
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 108,324.00
  • jasmycoinJasmyCoin (JASMY) $ 0.012259
  • aerodrome-financeAerodrome Finance (AERO) $ 0.693967
  • syrupMaple Finance (SYRUP) $ 0.550934
  • raydiumRaydium (RAY) $ 2.19
  • usual-usdUsual USD (USD0) $ 0.998267
  • super-oethSuper OETH (SUPEROETH) $ 2,547.48
  • tbtctBTC (TBTC) $ 108,236.00
  • pyth-networkPyth Network (PYTH) $ 0.098171
  • pendlePendle (PENDLE) $ 3.38
  • walrus-2Walrus (WAL) $ 0.402511
  • newton-projectAB (AB) $ 0.008343
  • tezosTezos (XTZ) $ 0.524391
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,721.36
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,547.77
  • falcon-financeFalcon USD (USDF) $ 0.999680
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 2,695.67
  • flowFlow (FLOW) $ 0.326618
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 108,371.00
  • decentralandDecentraland (MANA) $ 0.267152
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,546.84
  • venomVenom (VENOM) $ 0.239286
  • staked-hypeStaked HYPE (STHYPE) $ 39.54
  • coredaoorgCore (CORE) $ 0.494615
  • true-usdTrueUSD (TUSD) $ 0.997593
  • apecoinApeCoin (APE) $ 0.610985
  • bitcoin-svBitcoin SV (BSV) $ 24.51
  • ripple-usdRipple USD (RLUSD) $ 0.999757
  • chain-2Onyxcoin (XCN) $ 0.013846
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999908
  • thorchainTHORChain (RUNE) $ 1.33
  • dog-go-to-the-moon-runeDog (Bitcoin) (DOG) $ 0.004591
  • heliumHelium (HNT) $ 2.37
  • dexeDeXe (DEXE) $ 7.66
  • beldexBeldex (BDX) $ 0.061189
  • apenftAPENFT (NFT) $ 0.00000044
  • morphoMorpho (MORPHO) $ 1.37
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.169731
  • based-brettBrett (BRETT) $ 0.043571
  • kavaKava (KAVA) $ 0.395100
  • usddUSDD (USDD) $ 0.999616
  • reserve-rights-tokenReserve Rights (RSR) $ 0.007125
  • hashnote-usycCircle USYC (USYC) $ 1.09
  • starknetStarknet (STRK) $ 0.113446
  • usdbUSDB (USDB) $ 0.998147
  • movementMovement (MOVE) $ 0.152569
  • build-onBUILDon (B) $ 0.394186
  • stader-ethxStader ETHx (ETHX) $ 2,710.05
  • dydx-chaindYdX (DYDX) $ 0.522692
  • mog-coinMog Coin (MOG) $ 0.00000100
  • neoNEO (NEO) $ 5.49
  • compound-governance-tokenCompound (COMP) $ 40.86
  • elrond-erd-2MultiversX (EGLD) $ 13.32
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 0.996893
  • conflux-tokenConflux (CFX) $ 0.073753
  • kaitoKAITO (KAITO) $ 1.53
  • ecasheCash (XEC) $ 0.000019
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,548.25
  • ether-fi-staked-btcEther.fi Staked BTC (EBTC) $ 108,123.00
  • aioz-networkAIOZ Network (AIOZ) $ 0.306747
  • deepDeepBook (DEEP) $ 0.145303
  • ether-fiEther.fi (ETHFI) $ 0.969858
  • polygon-pos-bridged-dai-polygon-posPolygon PoS Bridged DAI (Polygon POS) (DAI) $ 0.999833
  • axie-infinityAxie Infinity (AXS) $ 2.15
  • eigenlayerEigenCloud (prev. EigenLayer) (EIGEN) $ 1.14
  • telcoinTelcoin (TEL) $ 0.003818
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 2,811.38

Stablecoin Sprint: USDS Rockets 63%, PYUSD Skyward 49% in 30-Day Supply Climb

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Stablecoin Sprint: USDS Rockets 63%, PYUSD Skyward 49% in 30-Day Supply Climb

Over the past 30 days, data reveals the stablecoin market added $7.719 billion to its valuation in February, marking a steady yet significant expansion. Dominating this growth was USDS, which saw its circulating supply leap by 63.68% from the month’s inception—a figure eclipsing all peers.

February’s Stablecoin Growth Sees a $7.719 Billion Rise

Amid a widespread contraction in cryptocurrency valuations this month, defillama.com data shows the fiat-anchored digital asset economy persists in its upward trajectory. Tether (USDT) remains the leading entity within this sphere, commanding a valuation of $142.579 billion—a figure representing 63.37% of the aggregate $225 billion stablecoin domain. USDT’s supply expanded by $2.5 billion since Jan. 31, demonstrating its sustained momentum in the digital currency arena.

Stablecoin Sprint: USDS Rockets 63%, PYUSD Skyward 49% in 30-Day Supply Climb

Source: Defillama stablecoin overview.

Circle’s USDC mirrored this progression, achieving a 7.33% escalation over the past 30 days—translating to a $3.85 billion amplification. Conversely, Ethena’s USDe, the third-largest stablecoin, experienced a $154.87 million contraction, eroding 2.63% of its circulating reserves. USDC commands a market valuation of $56.422 billion, whereas USDe claims a valuation of $5.72 billion.

DAI faced amplified outflows, shedding $356 million this month, with its market capitalization resting at $4.34 billion. Contrastingly, Sky’s USDS accrued a $1.653 billion increase, soaring by 63.68% since Jan. 31. USDS’s valuation now settles at $4.248 billion. Notably, Paypal’s PYUSD expanded by 49.32% over the past 30 days, with its market capitalization stabilized near $753.61 million following an influx of $248.9 million.

February’s stablecoin dynamics reveal a market defined by divergent strategies. Established giants anchor confidence, while newer entrants vie for relevance through volatility-driven opportunities. This friction between stability and speculative ambition shows an evolving ecosystem where the crypto market tides change the game. Such shifts hint at broader recalibrations in digital finance, as participants navigate liquidity preferences and competitive differentiation in a maturing sector.

Source

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