Over the last week, the stablecoin sector posted a contraction of $90.01 million, bringing the market’s total valuation to $323.052 billion.

Tether's USDT added $5B in a month while USDC, USDe, and PYUSD shed $4.2B combined.

Over the last week, the stablecoin sector posted a contraction of $90.01 million, bringing the market’s total valuation to $323.052 billion.

The stablecoin market has reached a record $322.5B, surpassing the foreign exchange reserves of 95 countries including the UK, Canada, and Mexico.

The stablecoin market hit a record $322B, surpassing FX reserves of 95 countries including the UK and Canada. USDT and USDC control 83% of the market.