X @CoinMarketCap
CoinMarketCap·2025-08-08 11:24

Market Overview - The stablecoin market capitalization increased by $9.11 billion in 23 days after the GENIUS Act was passed [1] - The top 5 stablecoin players experienced the most significant gains [1] Individual Stablecoin Performance - Ethena Labs' USDe grew by $4.19 billion, becoming the fastest-growing stablecoin due to integrations with Aave and Pendle Finance [1] - Tether's USDT increased by $3.71 billion [1] - SkyEcosystem's USDS grew by $1.30 billion [1] - PayPal's PYUSD increased by $146.01 million [1] - Ripple's RLUSD grew by $102.74 million [1]