2026-01-18 17:28:46

Ethereum's stablecoin landscape has matured significantly. Currently, three tokenized assets on the network have crossed the $10 billion market cap milestone:

1. Tether (USDT)
2. Circle (USDC)
3. Sky Protocol (USDS)

What's particularly striking is the longevity here—all three issuers have been operating for over a decade. This track record underscores the stability and institutional confidence behind these major stablecoins. As the ecosystem continues evolving, these established players remain the dominant forces in facilitating on-chain value transfer and liquidity.

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RektHunter

· 21h ago

Speaking of USDT, this old fox is really stable, still resting on its laurels after ten years. USDS suddenly appearing can also break ten billion; when did Sky become so fierce? All three have been around for over ten years, which is indeed impressive, but the real useful liquidity is still not from those big players. This ecosystem is "mature," but it still feels the same... Ten years of operation, how many years would I need to live that long? Haha. The stablecoins that dominate are still those three; anyone who dares to move them will be exposed.

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WenMoon42

· 01-18 17:59

USDT remains as steady as an old dog; this time, it's finally USDC and USDS's turn to stand tall and proud.

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PriceOracleFairy

· 01-18 17:58

nah but the real question is why usds suddenly woke up and joined the 10b club... price deviation metrics been looking sus lately ngl

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CryptoDouble-O-Seven

· 01-18 17:56

The three giants of stablecoins have all surpassed one billion. What does this indicate? It shows that we bet on the right direction.

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MetaverseHomeless

· 01-18 17:56

The three giants of stablecoins have all surpassed 10 billion, which indeed indicates that the market is making a choice. But then again, the controversy surrounding USDT has never really stopped.

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MEVHunterLucky

· 01-18 17:54

The three giants of stablecoins have all surpassed 100 billion, and it feels like the ecosystem is really breaking out. It's just that USDT is still too dominant.

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VCsSuckMyLiquidity

· 01-18 17:29

USDT, this big brother, is really stable. It's been ten years and still going strong | I think USDC and USDS are on the rise, but I feel like there are too many stablecoins in the crypto space. Three with a billion-level market cap should be enough.

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