Stablecoin Market Cap Experiences Slight Decline Over Past Week

According to BlockBeats, data from DefiLlama indicates that the total market capitalization of stablecoins has seen a minor decrease of 0.03% over the past week, currently standing at $169.55 billion. Among the stablecoins, USDT's market capitalization has grown by 0.13%, now reported at $118.178 billion, capturing a market share of 69.7%.