Stablecoins - Fizen Blogs

USDT

USDT Just Flipped Ethereum to Become the #2 Crypto by Market Cap

On June 6, 2026, USDT overtook Ethereum to become the #2 cryptocurrency by market capitalization, the first time in about eight years. Why a dollar stablecoin is winning, and what it means if you hold USDT.

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Stablecoin Supply Just Hit $322 Billion. Almost None of It Gets Spent.

Stablecoins just hit $322 billion — more than the FX reserves of the UK, Canada, UAE, and 92 other countries. And almost none of it ever buys a coffee. Why holding got easy, spending stayed hard, and what the next $900B implies.