The total market capitalization of stablecoins has surpassed $306.7 billion, with USDT holding over 60% market share.

According to data from DefiLlama, the total market capitalization of stablecoins has surpassed $306.7 billion, currently standing at $306.775 billion, a 7-day increase of 0.87% (approximately $2.639 billion). USDT holds a 60.17% market share with a market capitalization of approximately $184.572 billion; USDC ranks second with a market capitalization of $76.982 billion, a 7-day increase of 3.62%. USDe, USDS (Sky Dollar), and DAI rank third to fifth in market capitalization.