CoinGecko: USDT Holders Surpass 5.8 Million Wallets

CoinGecko released a report revealing that the top ten stablecoins collectively have 8.7 million holders. The top three stablecoins—USDT, USDC, and DAI—account for 97.1% of these holders. USDT leads the pack with over 5.8 million wallets, making it approximately 2.6 times larger than its closest competitor, USDC, which has around 2.2 million wallets. The other eight stablecoins have fewer than 1 million wallets each, with DAI holders owning just over 505,000 wallets.