Cardano Takes The Lead As Stablecoin Market Valuation Rises 61%
Cardano’s stablecoin market cap has risen to about $54.88 million, up 15% from early March 2026, showing faster liquidity growth on the network. USDCx led the increase, holding 45.2% of Cardano’s stablecoin market, followed by USDM at 26.9%, USDA at 15.45%, and DJED at 5.9%. Nearly 8 million USDCx were minted in the last two days of the reporting period. Messari data shows Cardano posted a 61% weekly rise in stablecoin market cap, the largest among major blockchains tracked, ahead of Polygon, World Chain, HyperEVM, and XDC. Current-epoch net stablecoin flow is about $8.55 million, with roughly $9.57 million minted and $1 million burned. Even with this momentum, Cardano still lacks direct support for major native stablecoins like USDC or USDT, a gap seen as important for DeFi growth and deeper liquidity.
