IntoTheBlock stated on X that since early November, Tether has issued a total of over $13 billion USDT, which is the fastest issuance speed since 2021.

According to DefiLlama data, the total market capitalization of stablecoins is currently reported at $193.317 billion, setting a new historical high; an increase of 1.44% in the past week, with USDT's market share reaching 69.56%.