Stablecoin total market cap surpasses $315B, hits all-time high

According to data from DeFiLlama, the total market capitalization of stablecoins has surpassed $315 billion, reaching a new all-time high. This represents an increase of approximately $2.483 billion, or 0.79%, over the past seven days. Among these, USDT's market cap stands at $183.93 billion, accounting for a 58.33% market share. USDC and USDS follow with market caps of $78.813 billion and $7.968 billion, respectively.