Total market value of stablecoins hits new high DeFiTVL rebounds to 100 billion US dollars

As the market recovers, a series of indices in the encryption market show a rebound trend. The total market value of stablecoins has increased by 0.88% in the past week and is now at US$321.408 billion, a new high. It is worth noting that the USDT, which has been shrinking its front line before, made efforts this week, with circulation increasing by 1.26%, and its market share rising to 58.06%. On the other hand, the entire network's DeFiTVL has rebounded to the US$100 billion range and is now reported at US$99.682 billion. DEX turnover also increased by 16.27% during the same period, with a weekly turnover reaching US$39.395 billion.