USDT Hits $160B—Stablecoins Swell to $257B in Just 7 Days

The stablecoin economy picked up fresh momentum this week, growing by another $2.693 billion over the past seven days. Tethers USDT continues to lead the pack, now flaunting a market cap of $160 billion, according to data from defillama.com. With new capital flowing in, the sector shows no signs of slowing its climb—at least for now.

As of Saturday, July 12, 2025, the total value of the stablecoin market stands at a sizable $257.751 billion, following a week of steady expansion. Out of that total, Tether‘s USDT claims a commanding 62.13% slice. Over the past week, USDT saw a modest 0.42% boost, adding $671.3 million and bringing its market cap to $160.15 billion. The biggest mover, however, was Circle’s USDC, which grew its supply by 2.12%—an impressive $1.31 billion gain.

Paypal‘s PYUSD also inched upward, climbing 1.85% after adding $16.1 million. Among the top risers were Tron’s USDD, which rocketed 19.28%, USDf with a 10.09% increase, and Ripples RLUSD, which posted a 6.69% gain. The stablecoin arena continues to evolve rapidly, with multiple players jostling for greater market share each week.