Stablecoin market capitalization grows 1.06% in the past 7 days, surpassing $257.7 billion

BlockBeats News, July 12 — According to DefiLlama data, the current total market capitalization of stablecoins across the network stands at $257.751 billion, reflecting a 1.06% increase over the past seven days. USDT's market share is 62.13%, marking a decline for the second consecutive week.

USDC's circulating supply has increased by 2.12% over the past week, now reaching $63.117 billion.