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Stablecoin Market Reaches $301.4 Billion After 90-Day Rise

Stablecoin Beat’s Oct. 20 dashboard showed a $1.6 billion gain over 90 days; a DefiLlama snapshot put Tether USDt and USD Coin at 84.67% of tracked value on Oct. 17.

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Pedestrians pass Torre Futura in San Salvador under overcast afternoon skies. / EconoTimes.ai (mono)
Pedestrians pass Torre Futura in San Salvador under overcast afternoon skies. / EconoTimes.ai (mono)

Stablecoin Beat’s Oct. 20 dashboard put the stablecoin market at $301.4 billion, $1.6 billion higher than 90 days earlier, offering a broad measure of the sector’s size.

DefiLlama’s Oct. 17 dashboard listed Tether USDt (USDT) at $183.43 billion and USD Coin (USDC) at $72.72 billion, figures covered in an earlier EconoTimes report on stablecoin market shares.

Together, the two tokens totaled $256.15 billion, or 84.67% of DefiLlama’s $302.525 billion stablecoin market value on Oct. 17.

In earlier coverage of exchange and lender balances, 19 firms held $4.6 billion less USDT on Oct. 1 than in early July, while their holdings of other stablecoins rose by about $1.9 billion.

The firm-level figures end on Oct. 1, while the market-wide readings come from separate dashboards dated Oct. 17 and Oct. 20.

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