According to CoinMeta, the total market value of the two stablecoins in the current market has reached $258 billion, exceeding the sum of all other stablecoins. Among them, USDT alone accounts for $183.4 billion, which is about 60% of the entire stablecoin market. USDC holds $74.5 billion, while the remaining competitors combined account for less than $53 billion. Even the combined value of PayPal, Ethena, and DAI is still less than that of USDC. It is worth noting that Trump's World Freedom Financial Stablecoin ranks sixth with a market value of $4.3 billion, having surpassed PayPal.