Stablecoin market up $2B; USDT nears $190B, USDC +$1.6B

The stablecoin market added $2.0B in the week to May 10, 2026, lifting total capitalization to $322.74B as USDT reached $189.63B and USDC rose $1.61B to $78.96B.

The stablecoin market added more than $2 billion over the seven days to May 10, 2026, raising total market capitalization to $322.74 billion. USDT stood at $189.63 billion, representing a 58.76% share of the sector after a 0.05% weekly increase. USDC rose 2.08% over the period, receiving about $1.61 billion in inflows and reaching a $78.96 billion market value.

Other top stablecoins recorded mixed weekly results. USDS had a $7.88 billion market cap after a 6.37% decline. DAI held $4.66 billion, up 0.63%. USD1 was at $4.43 billion following a 2.12% decrease. Ethena’s yield-bearing USDe rose 1.6% to $3.96 billion. PayPal’s PYUSD increased 1.11% to $3.41 billion.

Tokenized Treasury products also gained market share among larger dollar-pegged assets. BlackRock’s BUIDL rose 5.81% to $2.986 billion, while USYC increased 2.68% to $2.981 billion. USDG led weekly performance among the top ten, jumping 11.89% to $2.658 billion.

The week’s inflows followed a period when the sector hovered just above the $320 billion mark. The reporting window covers May 3–10, 2026, with a market snapshot dated May 10, 2026. Stablecoins are digital tokens designed to maintain a stable value relative to fiat currencies and are commonly used for trading, lending, payments and liquidity provision across crypto markets.

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