The total market value of stablecoins has reached a new high, and DeFi TVL has rebounded to 100 billion dollars

With the market warming up, a series of indices in the crypto market are showing a rebound trend. The total market value of stablecoins has increased by 0.88% in the past week, currently reported at $32.1408 billion, reaching a new high. It is worth noting that USDT, which had been contracting its presence, made a strong move this week, with a circulation increase of 1.26%, raising its market share to 58.06%. On the other hand, the total value locked (TVL) in DeFi across the network has rebounded to the hundred billion dollar range, currently reported at $99.682 billion. During the same period, the trading volume of DEX also increased by 16.27%, with a weekly trading volume reaching $39.395 billion.