Key Takeaways Tether’s USDT held a $184.112 billion market cap and a 59.14% dominance share this week. Paypal’s PYUSD posted the top gain among the top 15, rising 4.25% to $2.836 billion. Sky Dollar’s USDS fell 2.36%, the steepest weekly drop among the top 15 stablecoins. The total stablecoin market cap sits at $311.311 billion, down 0.61% over the past seven days, a drop of $1.911 billion, according to Defillama data. As of this weekend, Tether’s USDT now accounts for 59.14% of that total. The top 15 stablecoins span a wide range of issuers, from established players like Tether and …

