The total market value of stablecoins dropped to US$160.587 billion, and USDT accounted for 69.81% of the market

Odaily News DefiLlama data shows that the total market value of stablecoins is US$160.587 billion, a 7-day decrease of 0.52%; among them, the market value of USDT reached US$112.113 billion, with a market share of 69.81%.