The total market capitalization of stablecoins exceeds $308.1 billion, with USDT accounting for 60.64% of the market share.

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【Blockchain Rhythm】 There are new developments in the stablecoin market this week. According to the latest data, the total market capitalization of the entire stablecoin ecosystem has surpassed $308.1 billion. Although the weekly increase is only 0.13%, it remains at a historically high level, indicating that market demand for stablecoins has been very stable.

Interestingly, USDT still firmly holds the top position, with a market share of 60.64%. This figure is enough to demonstrate its absolute dominance in the entire ecosystem. Other stablecoins are also developing, but the gap with USDT is still obvious. From this trend, the concentration of the stablecoin market remains high, and USDT’s leading position is unlikely to be challenged in the short term.

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