The total market capitalization of stablecoins has increased by 0.95% on a weekly basis, with the circulating supply of USDT surpassing 88 billion US dollars.

According to Defillama data, as reported by BlockBeats on November 21st, the total market value of stablecoins has reached 127.069 billion US dollars, an increase of 0.95% from last week. In addition, the circulation of USDT has exceeded 88 billion US dollars, and the stablecoin market share has reached 69.26%.