Stablecoin deposits in decentralized finance protocols reached $24 billion, up 560.8% over three years, according to Token Terminal data published on October 25, 2026. USDC leads with $9.2 billion, or 38.2% of the total, followed by USDT at $4.9 billion and USDe at $2.2 billion. These three stablecoins account for roughly two-thirds of all deposits, while the overall stablecoin market is valued at $298.4 billion. The funds are primarily deposited with Aave V3, Morpho, Sky Protocol, and Spark, although monthly net flows are slightly negative, with $99.8 million in withdrawals.
Source: Read the original article


