The total market capitalization of stablecoins has surpassed $250 billion, reaching $250,024,816,027, according to Coingecko data. This marks a 0.1% increase over the past 24 hours, with a trading volume of $61,231,269,308. Tether (USDT) leads the market with a valuation exceeding $153 billion, accounting for approximately 61.2% of the total stablecoin market. USD Coin (USDC) follows as the second-largest stablecoin, with a market value exceeding $61 billion.