Which stable coin is dominating the entire crypto market right now?

[King Belieal]

There has been many stable coins in the market. And I am certain there must be a dominant stable coin amongst the lots. Which stable coin can be said to be dominating the entire crypto market in terms of stable coins right now?

 

[Suba]

Until now, Tether (USDT) dominates the crypto market and has the highest market cap compared to other stablecoins, Tether is also the most famous, trusted and most widely used by traders as trading pairs and most widely used as cross-border payments or transfers.

 

[magnus2022]

Paxos is very stable. Though there is correlation that once bitcoin is in bull run, paxos do follow suit. Paxos is not that popular but have handful of followers.

 

[Kross]

Everyone knows that USDT is the number one stable coin. It is very popular even though it is not available in EU countries.

 

[Augusta]

I think the most dominating cryptocurrency which is the
Largest cryptocurrencies by market cap is Bitcoin (BTC) Price: $94,095.24. Market cap: $1.87 trillion.

 

[Min George]

USDT is very popular. It is the most used stable coin. Maybe USDC is second to USDT. And the two stable coins have been okay.