According to ME News, on February 9th (UTC+8), data from CoinFoundry showed:
- USDT market capitalization: US$195.6 billion
- USDC market capitalization: $74.98 billion
- EURC's market capitalization: $12.26 billion
- USDS market capitalization: $11.19 billion
- USDe's market capitalization: $6.5 billion
- PYUSD market capitalization: $3.9 billion
- USD1 market capitalization: $5.31 billion
Market Dynamics:
- In response to compliance pressures, Tether announced fee waivers for institutions converting traditional USDT to the compliant brand USA₮.
- The UK's FCA and the EU's ESMA discuss mutual recognition of cross-border stablecoin regulations.
- Fidelity FIDD's assets under management surpass $10 billion.
- U.S. Senator Cynthia Lummis calls on the banking industry to embrace stablecoins and digital assets.
Summarize:
- Between February 7th and 9th, 2026, the stablecoin market as a whole demonstrated strong resilience and stability. Although the cryptocurrency market experienced significant volatility and declines during the same period, regulatory progress and macroeconomic pressures (such as Federal Reserve policy) will determine its short-term direction. Continued inflows could trigger a rebound in risk assets; conversely, if legislation is delayed, market capitalization may fluctuate further. (Source: ME)
