According to the latest on-chain data analysis, the stablecoin market continues to perform strongly, with a total market capitalization reaching $192.7 billion, setting a new historical high, and an increase of 2.52% over the past week. Among them, USDe performed particularly well, with a weekly growth rate of 10.52%, and its market capitalization rose to $5.824 billion, ranking third in market share. Meanwhile, USDT continues to grow steadily, with a weekly increase of 1.57%, bringing its market capitalization to $140.568 billion, accounting for 69.16% of the market. This trend indicates that market confidence in stablecoins is continuously strengthening.