The stablecoin economy is experiencing new growth. The total market cap of all stablecoins has increased by $1.52 billion over the past 7 days. The growth over the past seven days has been primarily driven by Tether (USDT), the largest stablecoin by market cap, which has increased its supply by 1.20 billion. About $300 million of the increase came from Circle's US Dollar Token (USDC).