Total market capitalization of stablecoins reaches $242.977 billion, with USDT accounting for 61.73%

According to a report by TechFlow, on May 5th, DeFiLlama data shows that the total market capitalization of stablecoins in the crypto market is $242.977 billion, an increase of $3.49 billion from last week, with a week-on-week growth of 1.46%. The market capitalization of USDT accounts for 61.73%.