💵 Stablecoin this week: "digital money" but still extremely... stable!
The total market capitalization of stablecoins has increased by 2.39%, adding 6.447 billion USD, reaching 276.742 billion USD.
🏆 Tether (USDT) remains the "big boss" with 166 billion USD, accounting for over 60% market share, adding another 730 million USD.
🥈 $USDC closely follows with 66.8 billion USD, increasing by 2.29 billion USD.
🚀 Ethena ($USDe) shocks by soaring to nearly 11 billion USD, increasing by over 12% in the week and... 106% in the month (!).
🐢 DAI sluggishly holds at 4.51 billion USD.
📉 Sky Dollar (USDS) "free falls" to 4.48 billion USD (-11.22%).
🤖 PayPal USD ($PYUSD) unexpectedly hot, reaching 1.18 billion USD, increasing by over 40% in the month.
👉 In summary, stablecoins remain "stable yet not... stable", as each coin tells a different story 😅.
