USDC market cap approaches $80B; stablecoin total value rises 0.93% in a week

KuCoinFlash

Release Time: 03/14/2026 10:56:06

Summary

The crypto market saw the total value of stablecoins rise 0.93% over the week to $315.9 billion as of March 14, 2026. USDC’s market cap neared $80 billion, accounting for approximately 25% of the stablecoin market. Dubai analyst Rami Al-Hashimi linked the demand to capital outflows from the UAE. Dubai housing prices fell 27% this month, and the DFM real estate index dropped 31% from its peak. Off-exchange platforms are struggling to meet USDC demand, with some sellers accepting crypto and offering 5% to 10% discounts for BTC. Altcoins to watch may benefit from shifting capital flows.

BlockBeats news, on March 14, according to DefiLlama data, the total market capitalization of all stablecoins globally stands at $315.9 billion, up 0.93% over the past week. USDC’s market cap nears its historical high of $80 billion, with a market share of approximately 25%.

Dubai analyst Rami Al-Hashimi has linked this surge in demand to capital outflows from the UAE. Dubai property prices have dropped by approximately 27% this month, and the DFM Real Estate Index, which tracks listed real estate and construction firms in Dubai, has fallen from a recent high of around 16,800 points to approximately 11,516 points—a decline of about 31%. Demand for USDC on Dubai’s over-the-counter platforms has become difficult to satisfy, with some property sellers now accepting cryptocurrency payments and offering discounts of 5% to 10% to buyers paying in BTC.

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