Odaily Planet Daily News The stablecoin market continued its upward trend in the past week, with an increase of $1.3 billion in value. Tether (USDT), the largest stablecoin network by market value, expanded its supply by 820 million during this period, and its market value climbed from $116.88 billion to the current $117.7 billion. In the past week, 710 million FDUSD were added to the market. At the same time, Paypal's PYUSD, the sixth-ranked stablecoin by market value, is also growing, approaching the $1 billion mark for the first time. As of August 23, its market value was $981.69 million, and its supply increased by 190 million tokens in the past week. (News.bitcoin)