#USDT

Stablecoin Market Expands to $238.1 Billion, with USDT Dominating at 61.66% Share

The overall market capitalization of stablecoins has climbed to $238.1 billion, according to recent data reported by BlockBeats, which cites information from DefiLlama. This figure marks a 1.61% increase in value over the past seven days, reflecting a steady growth trend in the stablecoin sector. Among all the stablecoins in circulation, Tether (USDT) continues to maintain a leading position, commanding a substantial 61.66% share of the total stablecoin market.