According to BlockBeats, data from DefiLlama indicates that the total market capitalization of stablecoins has grown by 1.62% over the past week, reaching $168.121 billion as of August 18.

Among the stablecoins, USDT saw a market cap increase of 1.25%, while USDC experienced a 1.2% rise. This growth reflects a broader trend in the stablecoin market, which continues to expand as more investors seek stable digital assets.