USDT continues to dominate the stablecoin market

According to DefiLlama, the total supply of USDT has increased by about 5% over the past 30 days, bringing the stablecoin’s capitalization to $70.9 billion.

The total capitalization of the stablecoin market is currently around $135.4 billion. As such, Tether currently holds a 52.3% share of the entire stablecon market.