Stablecoins grow against the trend, with a weekly increase of 0.43% in total market capitalization, reaching a new all-time high

MeNews · 2026-04-06T16:27:03+00:00

Despite the sluggish crypto market, stablecoins continue to grow rapidly, with a total market capitalization increasing by 0.43% to a record high of $317.26B. USDT's market share declined to 58.03%, while Sky's USDS circulating market cap grew by 9.57%, ranking third.

MeNews

2026-04-06 16:27:03

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ME News message, April 4 (UTC+8). Despite a slowdown in the crypto market, stablecoins continued to develop rapidly. According to DefiLlama data, over the past week, the total market cap of stablecoins grew by 0.43%, with circulating market cap at $317.26B, setting a new all-time high. At the same time, USDT’s market share kept falling, dropping below 60% to 58.03% currently. Sky’s stablecoin USDS grew significantly; over the past week, its circulating market cap increased by 9.57%, with circulating market cap now at $8.92B, becoming the third-largest stablecoin by market value. (Source: ChainCatcher)

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