Stablecoin Recap Aug 24–31, 2026: Stablecoin market cap increased by $0.76 billion, a 0.25% rise.
The total market capitalization of stablecoins rose from $300.1 billion to $300.86 billion, reflecting a $0.76 billion increase, or 0.25%. During this period, there were no major regulatory or news de
The total market capitalization of stablecoins rose from $300.1 billion to $300.86 billion, reflecting a $0.76 billion increase, or 0.25%. During this period, there were no major regulatory or news developments.
Ripple USD led inflows with $0.329 billion, a 15.8% increase. USDC followed, adding $0.266 billion, while USDT saw an inflow of $0.198 billion. USX experienced the largest outflow, losing $0.154 billion, a 38.2% decline. PayPal USD and Global Dollar also saw outflows of $0.07 billion and $0.059 billion, respectively.
USDT dominance ended at 60.9%, a decrease of 0.09 percentage points. USDC's dominance rose by 0.03 percentage points to 24.5%. A depeg event occurred with USDL, which traded as low as $1.05, 5.0% off its peg. There were no regulatory developments in the stablecoin news.
No directly relevant macroeconomic developments were recorded this week.
What happened this week in stablecoins
- Total par-pegged stablecoin market capitalisation ended the week of 2026-08-31 at $300.86B, having added $0.76B (+0.25%) over seven days.
- The largest inflow was RLUSD (Ripple USD), which added $0.33B (+15.8%) to reach $2.40B.
- The largest outflow was USX (USX), which shed $0.15B (-38.2%) to $0.25B.
- USDT dominance ended the week at 60.9% (-0.09pp); USDC at 24.5% (+0.03pp).
- Coins that traded outside 1.5% of par during the week: USDL ($1.0500, +5.00% from peg).
The week in two charts
Lifecycle and policy events this week
- Regulation 2026-08-24 — United States: "final rules published"
- Regulation 2026-08-24 — Japan: Japan has imposed notification obligations (i.e., the 'travel rule') on Cryptoasset Exchange Service Providers and Electronic Payment Instruments Service Providers to submit information on originators and beneficiaries at the time of transfer of cryptoassets and stablecoins, effective August 3, 2026.