Stablecoin market cap reaches $296.396 billion as Tether looks toward the 2.0 era

KuCoinFlash

Release Time: 06/22/2026 07:33:29

Summary

Market news reports that the stablecoin market cap reached $296.396 billion as of June 21 (UTC+8), according to CoinFound data. Ethereum led with $17.6106 billion, followed by TRON at $8.9439 billion and Solana at $1.6021 billion. The news also covered stablecoin yields discussed at the U.S. State Bankers Association conference, Japanese police arresting three individuals in a stablecoin money laundering case, and Tether’s co-founder hinting at a 2.0 era featuring shared reserve yields. Bitcoin market developments continue to be closely monitored amid broader crypto trends.

ME News report, June 21 (UTC+8), according to CoinFound data (market cap across chains):

Ethereum, $176.106 billion

TRON, $89.439 billion

Solana, $16.021 billion

Base, $4.341 billion

Arbitrum, $3.259 billion

Market dynamics:

Crypto journalist: Stablecoin yields become a key topic at the American Bankers Association conference
Osaka police in Japan arrest three suspects in a case involving money laundering of billions of yen through stablecoins; experts warn of regulatory challenges.
Tether co-founder: Stablecoins will enter the 2.0 era, and users should share in reserve earnings in the future

Summary:

Stablecoins are evolving from payment tools into "yield-generating financial assets," while regulatory crackdowns (money laundering cases) and yield design innovations (Tether 2.0) are advancing in parallel, marking the entry into a "dual-track phase of financialization and compliance."(Source: CoinFound)

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