Delphi Digital Report: Stablecoin market supply exceeds US$250 billion for the first time

According to Foresight News, according to Delphi Digital, the supply of stablecoin market exceeded US$250 billion for the first time. Among them, income stablecoins are growing rapidly, with Ethena reaching nearly $6 billion since its launch; Tether and Circle still dominate the market, accounting for 86% of the circulating supply in total; issuer diversity has increased, with more than 10 stablecoins circulating in excess of $100 million; more than $120 billion of US Treasury bonds are locked in stablecoins, forming a liquidity pool outside the traditional market.

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