The total stablecoin market cap has resumed its upward trend since late July/early August, sitting at $304.64 billion with a 0.48% weekly gain, according to DefiLlama. USDC and USD1 led supply growth, up 0.76% and 3.71% respectively, while USDT dominance stands at 60.21%.
According to DefiLlama data cited by BlockBeats on Aug. 29, the total stablecoin market cap has resumed its uptrend since late July/early August, currently standing at $304.564 billion, up 0.48% over the past week.
Among major stablecoins, USDC and USD1 led this week's supply growth, with USDC circulating supply up 0.76% and USD1 up 3.71%. USDT's market share is now 60.21%.
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