The total market value of stablecoins has surpassed 206.80 billion USD, setting a new historical record.

As of January 5th, according to data from DefiLlama, the total market capitalization of stablecoins has recovered and exceeded 206.80 billion USD, reaching an all-time high with a 0.87% increase over the past week. Among these, $USDT accounts for 66.5% market share, with a market capitalization of 137.55 billion USD.