{"id":32636,"date":"2026-03-10T12:40:20","date_gmt":"2026-03-10T12:40:20","guid":{"rendered":"https:\/\/buvei.com\/blog\/?p=32636"},"modified":"2026-03-10T12:40:20","modified_gmt":"2026-03-10T12:40:20","slug":"dollar-pegged-stablecoins-surge-to-313b-amid-global-risk","status":"publish","type":"post","link":"https:\/\/buvei.com\/blog\/dollar-pegged-stablecoins-surge-to-313b-amid-global-risk\/","title":{"rendered":"Dollar-Pegged Stablecoins Surge to $313B Amid Global Risk"},"content":{"rendered":"<p data-start=\"340\" data-end=\"559\">Dollar-pegged stablecoins have surged to a <strong data-start=\"383\" data-end=\"431\">record market capitalization of $313 billion<\/strong>, as investors seek safer on-chain assets during rising geopolitical tensions and weakness in the broader cryptocurrency market.<\/p>\n<p data-start=\"561\" data-end=\"845\">Data from <span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">DefiLlama<\/span><\/span> shows the total stablecoin supply reached <strong data-start=\"651\" data-end=\"671\">$313.008 billion<\/strong>, representing a <strong data-start=\"688\" data-end=\"725\">1.14% increase over the past week<\/strong>. The growth highlights continued demand for stable digital assets even as risk appetite across global markets declines.<\/p>\n<p data-start=\"561\" data-end=\"845\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-32638\" src=\"https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/03\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-14-1.webp\" alt=\"\" width=\"1600\" height=\"896\" srcset=\"https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/03\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-14-1.webp 1600w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/03\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-14-1-300x168.webp 300w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/03\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-14-1-1024x573.webp 1024w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/03\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-14-1-768x430.webp 768w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/03\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-14-1-1536x860.webp 1536w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/03\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-14-1-400x224.webp 400w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/03\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-14-1-800x448.webp 800w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/03\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-14-1-832x466.webp 832w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/03\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-14-1-1248x699.webp 1248w\" sizes=\"auto, (max-width: 1600px) 100vw, 1600px\" \/><\/p>\n<h2 data-section-id=\"jupjg\" data-start=\"852\" data-end=\"905\">Stablecoins Benefit From<a href=\"https:\/\/buvei.com\/blog\/best-virtual-cards-in-mexico-for-global-payments\/\"> Global Risk-Off Sentiment<\/a><\/h2>\n<p data-start=\"907\" data-end=\"1114\">The surge came as tensions escalated between the <span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">United States<\/span><\/span> and <span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Iran<\/span><\/span>, triggering volatility across financial markets and pushing oil prices higher.<\/p>\n<p data-start=\"1116\" data-end=\"1384\">In uncertain environments, investors often move funds into safer assets. Within the crypto ecosystem, <strong data-start=\"1218\" data-end=\"1271\">stablecoins serve as a digital equivalent of cash<\/strong>, allowing traders to temporarily exit volatile cryptocurrencies while remaining within blockchain-based markets.<\/p>\n<p data-start=\"1386\" data-end=\"1437\">Market participants frequently use stablecoins for:<\/p>\n<ul data-start=\"1439\" data-end=\"1579\">\n<li data-section-id=\"2qodqr\" data-start=\"1439\" data-end=\"1484\">\n<p data-start=\"1441\" data-end=\"1484\">Parking liquidity during market downturns<\/p>\n<\/li>\n<li data-section-id=\"1606rkk\" data-start=\"1485\" data-end=\"1519\">\n<p data-start=\"1487\" data-end=\"1519\">Moving funds between exchanges<\/p>\n<\/li>\n<li data-section-id=\"1x2b0u8\" data-start=\"1520\" data-end=\"1579\">\n<p data-start=\"1522\" data-end=\"1579\">Bridging traditional fiat currencies and digital assets<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"1581\" data-end=\"1674\">This behavior often leads to <strong data-start=\"1610\" data-end=\"1673\">increased stablecoin supply during periods of market stress<\/strong>.<\/p>\n<h2 data-start=\"1124\" data-end=\"1167\"><a href=\"https:\/\/buvei.com\/?s=blog\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-28870 aligncenter\" src=\"https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/01\/buvei-4.png\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" srcset=\"https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/01\/buvei-4.png 1024w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/01\/buvei-4-300x90.png 300w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/01\/buvei-4-768x230.png 768w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/01\/buvei-4-400x120.png 400w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/01\/buvei-4-800x240.png 800w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/01\/buvei-4-832x249.png 832w\" alt=\"\" width=\"1024\" height=\"307\" \/><\/a><\/h2>\n<h2 data-section-id=\"na6al2\" data-start=\"1681\" data-end=\"1721\"><a href=\"https:\/\/buvei.com\/blog\/virtual-cards-that-support-usdt-usdc-deposits\/\">USDT Continues<\/a> to Dominate the Market<\/h2>\n<p data-start=\"1723\" data-end=\"1868\">The largest stablecoin remains <span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Tether<\/span><\/span>, which accounts for approximately <strong data-start=\"1826\" data-end=\"1867\">62.5% of the entire stablecoin market<\/strong>.<\/p>\n<p data-start=\"1870\" data-end=\"2023\">Its circulating supply currently stands at around <strong data-start=\"1920\" data-end=\"1938\">$183.5 billion<\/strong>, making it the dominant liquidity instrument across global crypto trading platforms.<\/p>\n<p data-start=\"2025\" data-end=\"2241\">Despite its scale, retail sentiment toward USDT on the social trading platform <strong data-start=\"2104\" data-end=\"2118\">Stocktwits<\/strong> has recently turned slightly bearish, suggesting some traders remain cautious about the token\u2019s outlook in the short term.<\/p>\n<h2 data-section-id=\"9wzcoy\" data-start=\"2248\" data-end=\"2293\">USDC Strengthens Role in On-Chain Payments<\/h2>\n<p data-start=\"2295\" data-end=\"2415\">The second-largest stablecoin is <span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">USD Coin<\/span><\/span>, issued by <span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Circle<\/span><\/span>.<\/p>\n<p data-start=\"2417\" data-end=\"2485\">USDC currently holds about <strong data-start=\"2444\" data-end=\"2484\">25.5% of the stablecoin market share<\/strong>.<\/p>\n<p data-start=\"2487\" data-end=\"2751\">A recent report from blockchain analytics firm <span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Allium<\/span><\/span> showed that <strong data-start=\"2584\" data-end=\"2638\">USDC surpassed USDT in transfer volume in February<\/strong>, highlighting its increasing use in payments, settlement infrastructure, and decentralized finance applications.<\/p>\n<p data-start=\"2753\" data-end=\"2856\">Retail sentiment around USDC has remained largely <strong data-start=\"2803\" data-end=\"2814\">neutral<\/strong>, reflecting balanced market expectations.<\/p>\n<h2 data-section-id=\"1n6kr5l\" data-start=\"2863\" data-end=\"2904\">PayPal\u2019s PYUSD Expands Market Presence<\/h2>\n<p data-start=\"2906\" data-end=\"3121\">Newer stablecoin entrants are also gaining traction. <span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">PayPal USD<\/span><\/span>, launched by <span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">PayPal<\/span><\/span>, increased its circulating supply by <strong data-start=\"3085\" data-end=\"3106\">2.8% week-on-week<\/strong> as of March 4.<\/p>\n<p data-start=\"3123\" data-end=\"3257\">PYUSD now holds around <strong data-start=\"3146\" data-end=\"3186\">1.4% of the global stablecoin market<\/strong>, positioning it among the fastest-growing stablecoins in recent weeks.<\/p>\n<p data-start=\"3259\" data-end=\"3406\">While retail sentiment toward PYUSD remains neutral, its steady expansion indicates growing interest from payment platforms and fintech ecosystems.<\/p>\n<h2 data-section-id=\"1c3e755\" data-start=\"3413\" data-end=\"3462\">Regulatory Uncertainty Still Looms in the U.S.<\/h2>\n<p data-start=\"3464\" data-end=\"3556\">The rise of stablecoins is also unfolding amid <strong data-start=\"3511\" data-end=\"3555\">ongoing regulatory debates in Washington<\/strong>.<\/p>\n<p data-start=\"3558\" data-end=\"3814\">Lawmakers in the United States have yet to finalize key digital asset legislation, including proposals such as the <span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">CLARITY Act<\/span><\/span>, which aims to clarify oversight responsibilities for digital assets and the companies that issue them.<\/p>\n<p data-start=\"3816\" data-end=\"3920\">Without clear regulatory rules, the long-term structure of the U.S. stablecoin market remains uncertain.<\/p>\n<h2 data-section-id=\"1qrggyc\" data-start=\"3927\" data-end=\"3982\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-32639\" src=\"https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/03\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-15-1.webp\" alt=\"\" width=\"1600\" height=\"896\" srcset=\"https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/03\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-15-1.webp 1600w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/03\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-15-1-300x168.webp 300w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/03\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-15-1-1024x573.webp 1024w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/03\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-15-1-768x430.webp 768w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/03\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-15-1-1536x860.webp 1536w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/03\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-15-1-400x224.webp 400w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/03\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-15-1-800x448.webp 800w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/03\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-15-1-832x466.webp 832w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/03\/\u672a\u547d\u540d\u7684\u8bbe\u8ba1-15-1-1248x699.webp 1248w\" sizes=\"auto, (max-width: 1600px) 100vw, 1600px\" \/><\/h2>\n<h2 data-section-id=\"1qrggyc\" data-start=\"3927\" data-end=\"3982\">Stablecoins Becoming a Core Layer of<a href=\"https:\/\/buvei.com\/blog\/startup-finance-cfo-talks-virtual-card-strategies\/\"> Digital Finance<\/a><\/h2>\n<p data-start=\"3984\" data-end=\"4179\">Despite regulatory uncertainty and broader crypto market weakness, the continued growth of stablecoins suggests they are becoming a <strong data-start=\"4116\" data-end=\"4178\">foundational component of digital financial infrastructure<\/strong>.<\/p>\n<p data-start=\"4181\" data-end=\"4374\">As investors increasingly use them for liquidity management, cross-border payments, and on-chain settlement, dollar-pegged stablecoins may continue expanding even when risk assets underperform.<\/p>\n<p data-start=\"4376\" data-end=\"4540\">With global geopolitical tensions and market volatility persisting, stablecoins appear to be <strong data-start=\"4469\" data-end=\"4539\">reinforcing their role as the digital dollar of the crypto economy<\/strong>.<\/p>\n<h2 data-start=\"1124\" data-end=\"1167\"><a href=\"https:\/\/buvei.com\/?s=blog\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-28870 aligncenter\" src=\"https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/01\/buvei-4.png\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" srcset=\"https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/01\/buvei-4.png 1024w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/01\/buvei-4-300x90.png 300w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/01\/buvei-4-768x230.png 768w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/01\/buvei-4-400x120.png 400w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/01\/buvei-4-800x240.png 800w, https:\/\/wordpress.buvei.com\/wp-content\/uploads\/2026\/01\/buvei-4-832x249.png 832w\" alt=\"\" width=\"1024\" height=\"307\" \/><\/a><\/h2>\n","protected":false},"excerpt":{"rendered":"Dollar-pegged stablecoins have surged to a record market capitalization of $313 billion, as investors seek safer on-chain assets&hellip;","protected":false},"author":4,"featured_media":32638,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"csco_singular_sidebar":"","csco_page_header_type":"","csco_page_load_nextpost":""},"categories":[6],"tags":[5092,2098,4087,618],"class_list":{"0":"post-32636","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news","8":"tag-expense-management","9":"tag-payment-security","10":"tag-secure-payments","11":"tag-virtual-cards","12":"cs-entry"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/buvei.com\/blog\/wp-json\/wp\/v2\/posts\/32636","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buvei.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buvei.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buvei.com\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/buvei.com\/blog\/wp-json\/wp\/v2\/comments?post=32636"}],"version-history":[{"count":0,"href":"https:\/\/buvei.com\/blog\/wp-json\/wp\/v2\/posts\/32636\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buvei.com\/blog\/wp-json\/wp\/v2\/media\/32638"}],"wp:attachment":[{"href":"https:\/\/buvei.com\/blog\/wp-json\/wp\/v2\/media?parent=32636"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buvei.com\/blog\/wp-json\/wp\/v2\/categories?post=32636"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buvei.com\/blog\/wp-json\/wp\/v2\/tags?post=32636"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}