According to BlockBeats, data from DefiLlama indicates that the total market capitalization of stablecoins has reached $205.365 billion as of December 29. Over the past week, the market cap has increased by 0.49%.

Within this market, USDT experienced a decrease of 0.67% in the past week, with its market cap standing at $139.121 billion. USDT maintains a market share of 67.74%.