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The total market capitalization of stablecoins rose by 0.38% in the past week, approaching the highest level since May 2022

According to DefiLlama data, the total market capitalization of stablecoins has increased by 0.38% in the past week, and it is now reported at $173.117 billion, which is close to the highest level since May 2022 (that is, $173.145 billion on October 6). The total market capitalization of USDT increased by 0.3%, and it is now reported at $120.441 billion, accounting for 69.62%.