The stablecoin economy picked up fresh momentum this week, growing by another $2.693 billion over the past seven days. Tether’s USDT continues to lead the pack, now flaunting a market cap of $160 billion, according to data from defillama.com. With new capital flowing in, the sector shows no signs of slowing its climb—at least for now.
USDT Hits $160B—Stablecoins Swell to $257B in Just 7 Days
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As of Saturday, July 12, 2025, the total value of the stablecoin market stands at a sizable $257.751 billion, following a week of steady expansion. Out of that total, Tether’s USDT claims a commanding 62.13% slice. Over the past week, USDT saw a modest 0.42% boost, adding $671.3 million and bringing its market cap to $160.15 billion. The biggest mover, however, was Circle’s USDC, which grew its supply by 2.12%—an impressive $1.31 billion gain.
Paypal’s PYUSD also inched upward, climbing 1.85% after adding $16.1 million. Among the top risers were Tron’s USDD, which rocketed 19.28%, USDf with a 10.09% increase, and Ripple’s RLUSD, which posted a 6.69% gain. The stablecoin arena continues to evolve rapidly, with multiple players jostling for greater market share each week.
