Stablecoin Market Cap Hits $261.5 Billion, USDT Maintains Dominance

According to BlockBeats, the total market capitalization of stablecoins has climbed to $261.493 billion, as reported by DefiLlama. This marks a 1.21% increase over the past week, reflecting renewed demand and investor confidence in stable digital assets. Tether (USDT) continues to lead the sector with a commanding 62.09% share of the total market, maintaining its position as the most widely used stablecoin in the ecosystem.