Tether (USDT) and USDC Dominate the Stablecoin Market, but Is This Concentration a Risk for Investors?

Now that stablecoins are being integrated into the traditional financial system, investors need to be aware of the risks.

New stablecoin legislation could fix any potential problems of concentration by encouraging many more issuers to emerge.

10 stocks we like better than USDC ›

According to the latest stablecoin research from The Motley Fool, just two stablecoins — Tether (CRYPTO: USDT) and USDC (CRYPTO: USDC) — account for a whopping 90% of the $250 billion stablecoin market. In terms of market cap, nobody else even comes close.