Cardano, Stablecoin Liquidity Surges 61%... "Price is stagnant, but money is flowing in"

▲ Cardano (ADA)/ChatGPT generated image

Cardano (ADA) has taken the top spot among major blockchains in stablecoin liquidity growth, indicating a rapid revival of on-chain financial activity despite its price weakness.

According to crypto media outlet NewsBTC on May 31 (local time), Cardano's total stablecoin market capitalization was estimated at approximately $54.88 million. This represents a 15% increase compared to early March 2026, demonstrating a rapid accumulation of liquidity within the network in recent weeks.

The core of this growth is USDCx. USDCx currently holds the largest share in the Cardano stablecoin market at 45.20%. This is followed by USDM at 26.90%, USDA at 15.45%, and DJED at approximately 5.90%. According to Cexplorer data, about 8 million USDCx were newly minted during the last two days of the reporting period.

According to Messari data, Cardano's stablecoin market capitalization increased by 61% over the past 7 days. This is the highest growth rate among major blockchain networks tracked during that period. Polygon ranked second with 36%, followed by World Chain with 10.3%, HyperEVM with 7.4%, and XDC Network with 3.5%.

As of the current epoch, Cardano's net stablecoin inflow is stated to be approximately $8.55 million. During the same period, stablecoins worth about $9.57 million were issued, and approximately $1 million was burned. NewsBTC reported that USDCx issuance continued throughout the week, with activity accelerating in the last two days.

However, Cardano has not yet secured direct integration of tier-1 stablecoins like Circle's native USDC or Tether's USDT. Charles Hoskinson, founder of Cardano, has repeatedly mentioned that such integration could significantly enhance Cardano's decentralized financial activities and liquidity depth. NewsBTC pointed out that while recent figures indicate an increase in on-chain activity across the Cardano ecosystem, securing deeper stablecoin infrastructure is a key challenge for the next stage of growth.

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