The stablecoin market hits a new high! According to the latest data from DefiLlama, the total market value of stablecoins has exceeded $192 billion and is now reported at $192.7 billion, continuing to set a new record. This growth trend has attracted widespread attention in the market, especially in the context of the current volatility in the digital currency market, the performance of stablecoins is particularly outstanding.

In the stablecoin market, USDT still occupies a dominant position, with a market share of 69.72% and a circulating market value of $134.348 billion. This data shows that USDT's position as a major stablecoin remains solid and continues to play an important role in the market. As the market value of stablecoins continues to rise, market participants will pay close attention to their future trends.