Despite the bearish backdrop of the entire crypto industry, the total stablecoin supply has reached $180 billion, a surge of $9.5 billion in the last 30 days. Crypto research firms Arcane Research and CryptoRank confirmed that the stablecoin supply reached the $180 billion milestone. Stablecoin continues to outpace the rest of the market in terms of growth, up 6% in the last 30 days. USDT is the world's largest stablecoin with a 44 percent market share, but stagnated throughout last year, Arcane Research said. usdc is accelerating, and if USDC and USDT continue to grow at a similar rate through 2022, usdc will become the largest stablecoin by market capitalization at the end of May.

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