Stablecoins grow against the trend, with total market capitalization increasing by 0.43% week-over-week to a new all-time high

BlockBeatNews

2026-04-04 10:50:49

BlockBeats message, April 4. Despite the cool down in the crypto market, stablecoins continue to grow rapidly. According to DefiLlama data, over the past week the total market cap of stablecoins increased by 0.43%, with the circulating market cap at $317.26B, reaching an all-time high.

Meanwhile, USDT’s market share continues to decline, falling below 60% to 58.03% at present. The stablecoin USDS under Sky has grown significantly; over the past week its circulating market cap increased by 9.57%, with the circulating market cap now at $8.92B, making it the third-largest stablecoin by market cap.

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