2026-01-15 13:20:47

Stablecoin market caps reached unprecedented heights in Q4, surging to $311B 📈

The sector saw significant shifts in the rankings. $USDe experienced a sharp correction following a depeg incident on a major exchange, contracting from nearly $15B to $6.3B in market capitalization. Meanwhile, $PYUSD demonstrated strong momentum, adding $1.2B to its total and climbing to $3.6B, solidifying its position as the fifth-largest stablecoin by market cap.

These movements reflect evolving market dynamics and shifting investor preference across the stablecoin landscape.

USDE0.04%

PYUSD0.1%

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MetaverseMigrant

· 3h ago

USDe this wave of decline is incredible, dropping directly from 15B to 6.3B, the decoupling event is really a killer move. PYUSD is jumping in again, this rhythm is quite interesting, the market is still re-evaluating sides. The figure of 311B looks pretty vague, is this how stablecoins are supposed to be? By the way, who is still messing around with these small coins? USDT and USDC are the real mainstream, right?

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RektCoaster

· 3h ago

USDe directly slashed in half, this decoupling event is quite harsh, the market is really ruthless PYUSD quietly making big profits, this wave is indeed stable 311B, this number, stablecoins are really going to dominate the world Damn, how did USDe drop so quickly? It was still boasting quite fiercely before PYUSD rose to fifth? The ranking is changing so fast Is the stablecoin market this competitive? These changes this year Such a serious decoupling, investors need to be more cautious It feels like stablecoins are now all fighting for position, whoever can hold on will win

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LiquidationTherapist

· 3h ago

USDe's decoupling was really brutal, directly halving in value. However, with PYUSD gaining momentum, it’s kind of interesting. Should we consider buying the dip?

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GasWaster69