This is a segment from the 0xResearch newsletter. To read full editions, subscribe.

In the wake of Circle’s IPO and Plasma’s token sale, stablecoins are undisputedly in vogue.

Meanwhile, the US Senate is going into a final vote on the landmark stablecoin bill, dubbed the GENIUS Act, this week.

What does the stablecoin landscape look like today?

First, total stablecoin supply remains up and to the right — $249 billion in the last week. USDT and USDC represent the lion’s share of stablecoins, about 88% ($218 billion) of the entire stablecoin market put together.

Source: Blockworks Research

Okay, stablecoin supply is growing, but how are they being…

Read more on Blockworks