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US Dollar-Pegged Stablecoins Surge to $313B in Risk-Off Pivot Amid US–Iran Tensions
Investors continue to move into dollar-pegged tokens as geopolitical risk and prolonged weakness in crypto markets push them toward perceived safety on-chain. The total stablecoin market capitalization hit a record $313 billion on Sunday, underscoring resilient demand even as the broader digital asset space remains under pressure and tensions escalate in the Middle East. Latest data from DefiLlama shows the combined value of stablecoins climbed 1.14% over the past week to $313.008 billion. The increase came as the US–Iran conflict intensified and oil prices spiked, amplifying risk aversion across traditional and ... (full story)
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From financefeeds.com | Mar 9, 2026
The global stablecoin market capitalization surged to a new all-time high of roughly $313 billion in the past 24 hours, reflecting heightened market activity despite ongoing geopolitical uncertainty and a broader crypto slowdown. Prior to this latest peak, the market cap had hovered around $311.8 billion as of December 2025. The sector added approximately ...