In February, the overall market value of stablecoins increased by about 7.70 billion US dollars, of which USDS increased by 64%.
The overall increase in the market value of stablecoins in February was 7.70 billion US dollars, highlighting the growth in demand for "digital dollars" in the crypto market. The main conditions of the stablecoin market in February were: USDS market value increased by 64%, PYUSD increased by 49%, USDT market value reached about 143 billion US dollars (only added 2.50 billion US dollars in February), and USDC increased by 7%. However, the market value of USDe and DAI decreased.