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The total market value of stablecoins has exceeded $200 billion

According to Coingecko data, the total market capitalization of stablecoins reached $200.7 billion, continuing to reach a record high, an increase of 1.3% from last week. Among them, the market capitalization of USDT is about 135.1 billion US dollars, the market capitalization of USDC is about 40.4 billion US dollars, and the market capitalization of USDS is about 5.4 billion US dollars. In the past 24 hours, the trading volume of stablecoins is about 284.6 billion US dollars, and USDT continues to maintain its dominance, with a market share of nearly 70%.