Data: The market value of stablecoins has increased by nearly 600 million dollars in the past two weeks, and the supply of FDUSD has decreased by 29% in the past 30 days

ChainCatcher news, according to Bitcoin.com, since May 11, 2024, the market capitalization of stablecoins has increased from $160.86 billion to $161.45 billion, adding $5.9 billion in the past two weeks. The market capitalization of USDT is approximately $111.95 billion, accounting for 69.34% of the entire stablecoin market.

In the past 30 days, the supply of USDT has grown by 1.3%, while the supply of USDC has decreased by 1.9%. As of May 26, 2024 (Sunday), its market capitalization is $32.72 billion. DAI currently has a market capitalization of approximately $5.29 billion, an increase of 1.8% over the past month.

It is reported that FDUSD has experienced the largest decline in the past 30 days, redeeming 29% of its supply, with a market capitalization of $3.13 billion at the time of writing. In contrast, Ethena's USDe has increased its supply by 17.5% during the same period, with a market capitalization of approximately $2.78 billion as of Sunday.