Ethereum-based stablecoins’ market capitalization has nearly doubled year-to-date to $6.25B – Yahoo Finance

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Source: The Block, Dune Analytics

CENTRE Consortium’s USDC stablecoin continues to dominate among non-Tether stablecoins with a market share of 51.44%. However, USDC faces some competition from challenger exchange-associated stablecoins: HuobiUSD (HUSD) and BinanceUSD (BUSD), with the former growing 48.09% YTD, the latter 553.11%.

PAX, on the other hand, has seen its market share decline by 21.3% year-to-date.

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