The total market value of stablecoins has increased by 0.38% over the past week, approaching its highest level since May 2022

According to DefiLlama data, the total market value of stablecoins has increased by 0.38% in the past week, now reported at $173.117 billion, close to its highest level since May 2022 (i.e., $173.145 billion on October 6). Among them, the total market value of USDT increased by 0.3%, now reported at $120.441 billion, with a market share of 69.62%.