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

MeNews · 2026-04-06T19:40:03+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 19:40:03

Abstract generation in progress

ME News update, April 4 (UTC+8). Despite the cool down in the crypto market, stablecoins have continued to develop rapidly. According to DefiLlama data, over the past week, the total market cap of stablecoins increased by 0.43%, and the circulating market cap was $317.2555 billion, reaching a record high. At the same time, USDT’s market share has continued to decline, falling below 60% and currently standing at 58.03%. Sky’s stablecoin USDS has grown significantly; over the past week, its circulating market cap increased by 9.57%, and the circulating market cap is now $8.924 billion, becoming the third-largest stablecoin by market cap. (Source: ChainCatcher)

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