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The total Market Cap of Stable Coins across the network reaches 2,357 billion US dollars, exceeding the total Market Cap of ETH.
Wu said that, according to CoinGecko data, the total market capitalization of Stable Coins on the entire network has reached 2,357 billion US dollars, exceeding the total market capitalization of the second largest cryptocurrency ETH (about 2,263 billion US dollars), of which USDT has reached 1,433 billion US dollars.