Stablecoins are on the rise again — the total market cap has climbed to $267.23 billion, up 0.6% over the past week.

But here’s the twist: USDT’s dominance dipped slightly, sliding from 61.9% to 61.64%.

It’s a small change, but it hints at growing competition and shifting dynamics in the stablecoin race. Keep an eye on this trend — the space is getting more competitive by the day.

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