Stablecoin Recap Mar 30–Apr 6, 2026: USDD added $0.565 billion during a week that also saw the Fed's Barr back stablecoin clarity.

The total stablecoin market cap increased from $324.68 billion to $325.84 billion, a rise of $1.16 billion or 0.36%. This growth occurred during a week when the Fed's Barr backed stablecoin clarity while warning of run risks. No other major macroeconomic events were recorded. USDD led the inflows with an addition of $0.565 billion, representing a 58.0% increase. In the same period, Hong Kong missed its March target for issuing its first stablecoin licenses. sUSDS gained $0.135 billion, up 2.0%, while Dai added $0.096 billion, a 2.2% rise. On the outflow side, Strata Senior USDe saw a decrease of $0.154 billion, a 70.7% drop. Juice Dollar experienced a near-total outflow of $0.086 billion, down 99.6%. USDai also declined by $0.074 billion, a 24.0% decrease. USDT's dominance ended at 56.5%, a slight decrease of 0.18 percentage points. USDC's dominance fell by 0.07 percentage points to 23.8%. The Fed's Barr supported the need for stablecoin clarity, noting potential run risks. Meanwhile, Hong Kong's delay in stablecoin licensing highlighted the regulatory challenges in the sector. Nium launched a stablecoin card issuance platform across Visa and Mastercard. Tether, in a separate development, reportedly considered delaying fundraising efforts if demand fell short of a $500 billion valuation. Standard Chartered suggested that faster stablecoin turnover could reduce demand, reflecting ongoing discussions about stablecoin market dynamics. No directly relevant macro developments were recorded this week.