The stablecoin market cap has reached $320.38 billion, with Tether (USDT) leading at $198.87 billion and USD Coin (USDC) at $76.77 billion. This growth comes as regulatory and adoption momentum builds, highlighted by a U.S. proposal to exempt small stablecoin payments and staking rewards from capital gains tax. Coinbase has introduced Custom Stablecoins for enterprise use, further supporting the sector's expansion. Additionally, FinTech Weekly has noted the increasing role of stablecoins in micro-payments and AI agent transactions. The market remains stable, with the fear and greed index staying neutral and no significant depegging or minting events reported.