Data: The total market value of stablecoins exceeds 140 billion USD, reaching a new high since December 2022

ChainCatcher news, according to CoinDesk, the total market capitalization of stablecoins has risen to over $140 billion, reaching a new high since December 2022.

It is reported that Tether's USDT is the largest stablecoin by market capitalization, growing to a historical high of $98 billion, with an increase of about $2 billion in the past month. The second largest is USDC, which has grown from $24 billion at the beginning of the year to over $28.5 billion, with an increase of nearly $2.5 billion in the past month, growing faster than Tether during the same period.