The total market value of stablecoins fell back below 172.50 billion US dollars, and the market share of USDT reached 69.66%.

According to DefiLlama data, the total market capitalization of stablecoins is currently $172.457 billion, a decrease of 0.14% on the 7th. In addition, the total market capitalization of USDT is $120.131 billion, with a market share of 69.66%.