{"id":72823,"date":"2026-05-20T20:14:54","date_gmt":"2026-05-20T20:14:54","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/usdt-gains-5b-as-rivals-shed-4-2b-marking-increased-dominance\/"},"modified":"2026-05-20T20:14:54","modified_gmt":"2026-05-20T20:14:54","slug":"usdt-gains-5b-as-rivals-shed-4-2b-marking-increased-dominance","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/usdt-gains-5b-as-rivals-shed-4-2b-marking-increased-dominance\/","title":{"rendered":"USDT Gains $5B as Rivals Shed $4.2B, Marking Increased Dominance"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<p><span style=\"font-weight:400\"><\/p>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Tether\u2019s USDT supply grew by over $5 billion, reaching approximately $189.7 billion.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">USDC, USDe, and PYUSD lost a combined $4.2 billion as net stablecoin growth stalls at just 0.3%.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Ethena\u2019s USDe is down 34% year-to-date since October 2025, signaling structural pressure on synthetic dollars.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p><\/span><\/p>\n<h2><span style=\"font-weight:400\">Tether Consolidates Grip as Rivals Retreat<\/span><\/h2>\n<p><span style=\"font-weight:400\">According to data, <span>USDT<\/span>\u2019s net growth over the past month stands at roughly $900 million (0.3% of the total supply), as nearly every dollar entering the market is a Tether dollar replacing a redeemed USDC, USDe, or PYUSD position.<\/span><\/p>\n<p><span style=\"font-weight:400\"> <span>USDT<\/span>\u2019s circulating supply now sits at approximately $189.7 billion, giving it close to 60% of the total <span>stablecoin<\/span> market. When combined with USDC, the two incumbents account for roughly 93% of the entire category.<\/span><\/p>\n<p><span style=\"font-weight:400\">Tether\u2019s monthly gain of over $5 billion does not appear to reflect new money entering the <span>stablecoin<\/span> sector but rather a rotation from competing products back into the perceived safety and <span>liquidity<\/span> of <span>USDT<\/span>.<\/span><\/p>\n<figure id=\"attachment_815638\" aria-describedby=\"caption-attachment-815638\" style=\"width:1672px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-815638\" class=\"wp-caption-text\">Market share of different <span>stablecoins<\/span> per their total capitalization.<\/figcaption><\/figure>\n<p><span style=\"font-weight:400\">The sharpest pain is visible in relation to Ethena, as the synthetic dollar protocol\u2019s USDe has declined 28% over the past month and is down approximately 34% year-to-date, with sustained outflows running since October 2025. Paypal\u2019s PYUSD and Circle\u2019s USDC have also posted declines over the same window, though neither at the same severity as USDe.<\/span><\/p>\n<p><span style=\"font-weight:400\">The dynamics reflect two converging forces. First, the regulatory environment in the U.S. has tilted toward Tether\u2019s positioning: pending <span>stablecoin<\/span> legislation, <a href=\"https:\/\/news.bitcoin.com\/fdic-proposes-genius-act-rules-for-bank-stablecoin-issuers-11-reserves-and-2-day-redemptions-required\/\">primarily the GENIUS Act<\/a>, which the Senate is working to finalize, has raised compliance questions for newer algorithmic and synthetic instruments, nudging institutional users toward more established issuers. Second, broader risk-off sentiment in the market has historically pushed capital toward the most liquid <span>stablecoin<\/span>, which remains <span>USDT<\/span> by a wide margin.<\/span><\/p>\n<p><span style=\"font-weight:400\"> <span>Bitcoin.com<\/span> News <\/span><a href=\"https:\/\/news.bitcoin.com\/stablecoin-market-crosses-320b-as-tether-usdt-dominance-falls-2-5-in-2026\/\"><span style=\"font-weight:400\">reported<\/span><\/a><span style=\"font-weight:400\"> on the <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-are-stablecoins\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">stablecoin<\/a> market crossing $320 billion last month, a milestone at the time accompanied by a slight dip in Tether\u2019s dominance share. The latest data suggests that dip has since reversed, with Tether reasserting control even as total market growth stalls. <\/span><\/p>\n<p><span style=\"font-weight:400\">For <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-defi-decentralized-finance\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">decentralized finance<\/a> ( <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-defi-decentralized-finance\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">DeFi<\/a>) protocols that rely on USDe and PYUSD as collateral or <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-liquidity\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">liquidity<\/a> layers, the continued compression of those supplies is likely to have downstream effects on borrowing rates and yield opportunities across lending markets.<\/span><\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/usdt-gains-5-billion-stablecoin-market-tops-300-billion-2026\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Tether\u2019s USDT supply grew by over $5 billion, reaching approximately $189.7 billion. USDC, USDe, and PYUSD lost a combined $4.2 billion as net stablecoin growth stalls at just 0.3%. Ethena\u2019s USDe is down 34% year-to-date since October 2025, signaling structural pressure on synthetic dollars. Tether Consolidates [&hellip;]<\/p>\n","protected":false},"author":3947362404,"featured_media":72824,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/72823"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362404"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=72823"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/72823\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/72824"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=72823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=72823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=72823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}