According to BlockBeats, the total market value of stablecoins has seen a minor decrease of 0.26% over the past week, now standing at $161.734 billion.
In particular, the total market value of USDT (Tether) has decreased by 0.1%, currently reported at $112.691 billion. This represents a market share of 69.68%. This slight decrease in the market value of stablecoins, particularly USDT, indicates a minor shift in the digital currency market.
It's important to note that these changes are relatively small and are part of the normal fluctuations seen in the digital currency market. The overall market value of stablecoins remains strong, with USDT maintaining a significant majority share.