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Over the past week, the stablecoin market has expanded by 1.28%, adding $3.464 billion to reach a total value of $273.169 billion.

Tether (USDT) remains the dominant currency in the market, accounting for 60.49% of the total market capitalization, and has seen an increase in its supply of approximately 730 million coins over the seven-day period.

Tether and USDC have contributed to reinforcing their dominance in the market as the stablecoin economy continues to grow overall.

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