Circle adds $1.1 billion in issuance around the circle, while Tether is left behind
Take a look at the latest data from stablecoin issuers:
Over the past 7 days, USDC’s market cap increased by $1.1 billion—2.5 times Tether’s USDT ($446.3 million). From the issuer perspective, Circle grew by $1 billion, more than double Tether’s $445.2 million.
$CRCL outperformed Tether, the strongest-performing issuer over the past week.
Traditional banks start to make the list:
Crédit Agricole entered the top ten issuers. Through EURXT, it added $39 million— the only euro stablecoin among the top ten fastest-growing assets.
Overall, USD stablecoins still account for about 98% of all growth, adding $2 billion. Euro stablecoins increased by only $30.9 million.
For new stablecoin holders:
$BNB added 985,000 new users on-chain, exceeding half of the total combined by the top ten—and is nearly 5 times the second place.
By asset:
USDT gained 845,900 holders, accounting for 62% of growth among the top ten holders. USDC ranked second with 390,800 holders.
One detail worth noting
Ethena$ENA ’s USDe market cap grew by more than $100 million, but it only added 800 holders.
Growth came mainly from a small number of large holders, not broad retail adoption.
Take a look at the latest data from stablecoin issuers:
Over the past 7 days, USDC’s market cap increased by $1.1 billion—2.5 times Tether’s USDT ($446.3 million). From the issuer perspective, Circle grew by $1 billion, more than double Tether’s $445.2 million.
$CRCL outperformed Tether, the strongest-performing issuer over the past week.
Traditional banks start to make the list:
Crédit Agricole entered the top ten issuers. Through EURXT, it added $39 million— the only euro stablecoin among the top ten fastest-growing assets.
Overall, USD stablecoins still account for about 98% of all growth, adding $2 billion. Euro stablecoins increased by only $30.9 million.
For new stablecoin holders:
$BNB added 985,000 new users on-chain, exceeding half of the total combined by the top ten—and is nearly 5 times the second place.
By asset:
USDT gained 845,900 holders, accounting for 62% of growth among the top ten holders. USDC ranked second with 390,800 holders.
One detail worth noting
Ethena$ENA ’s USDe market cap grew by more than $100 million, but it only added 800 holders.
Growth came mainly from a small number of large holders, not broad retail adoption.
