The total market value of the five most popular stablecoins exceeded $25 billion. This is 4.3% of the total capitalization of the cryptocurrency market, according to CoinGecko.
Tether is the undisputed leader among stablecoins. Its capitalization exceeds $20 billion, and its share in the segment is 80%.
USDC is the second most popular stablecoin; its capitalization recently exceeded $3 billion. It is followed by DAI ($1.13 billion), Binance USD ($703 million), and TrueUSD ($322 million).
The graph below shows the growth dynamics of the segment over the past few years.
The number of USDT and USDC transactions decreased slightly in early December.
The number of blocked USDT addresses at the time of writing is 237, according to Dune Analytics.