According to PANews, the stablecoin economy has seen a growth of over 11% in the past 90 days, with $16.23 billion flowing into the crypto market. Of the total influx, more than 69% was accounted for by USDT. In the past month, the supply of USDT has increased by 1.3%.
Meanwhile, Circle's USDC saw a decline of 2.7% in the past month. However, over a 90-day period, it showed a growth trend, with its market value increasing from $29.88 billion on March 11 to $32.23 billion today. Makerdao's DAI had a market value of $4.55 billion 90 days ago. Despite a 3% drop in the past month, it has reached $5.26 billion today.
Ethena's USDE, which ranked sixth in market value 90 days ago, has now risen to the fourth position. It saw a 334% increase within 30 days, with a market value of $848 million.
