Stablecoin Total Market Cap Surpasses $217 Billion, Setting a New All-Time High

BlockBeats News, February 1st, according to DefiLlama data, the total market capitalization of stablecoins has surpassed $217 billion, currently standing at $217.54 billion, hitting a new all-time high; with a growth of about 0.85% in the past week, USDT's market dominance has dropped to 64.36%. Additionally, USDC's market capitalization has reached $53.296 billion, with a staggering 30-day growth rate of 22.03%.