The total capitalization of stablecoins has exceeded $200 billion. Over the past 30 days, the figure has increased by 6.93%.

The share of USDT from Tether in the segment is 69%, USDC from Circle is 21%, USDe from Ethena Labs is 2.95%.

What is the impact of the growth in capitalization of stablecoins on the cryptocurrency market?

Capitalization growth stablecoins has several significant impacts on the cryptocurrency market:

1. Market stability: Stablecoins are designed to maintain a stable value, often pegged to fiat currencies such as the US dollar. This makes them an important tool for reducing volatility, which attracts investors who want to minimize risks.
2. Increased liquidity: High capitalization of stablecoins contributes to increasing overall liquidity in the cryptocurrency market. This makes trading easier and allows more people and organizations to participate in the market without suffering significant losses from price fluctuations.
3. Use in derivatives and trading: Stablecoins are often used as collateral for derivatives and other complex financial instruments. The growth of their capitalization expands the opportunities for creating such products, which can attract more institutional investors.
4. Declining trust in traditional financial systems: In some cases, stablecoins may offer faster and cheaper ways to transfer funds compared to traditional banking systems, which may reduce trust in the latter.
5. Regulatory Issues: The increase in the capitalization of stablecoins is also attracting the attention of regulators, who may begin to tighten rules to ensure the stability of the financial system and protect investors.

Thus, the growth of stablecoin capitalization contributes to greater stability and liquidity in the cryptocurrency market, but also raises issues of regulation and trust.