Stablecoin Total Market Capitalization Hits New All-Time High, DeFi TVL Reaches $100 Billion
BlockBeats News, April 18th, with the market rebounding, the cryptocurrency market has shown a series of recovery trends. The total market value of stablecoins has increased by 0.88% in the past week, now at $3,214.08 billion, hitting a new high. Of note, USDT, which has been in a shrinking trend, surged this week with a 1.26% increase in circulation, raising its market dominance to 58.06%.
On the other hand, the total value locked (TVL) in DeFi across all chains has risen to the hundred billion dollar range, now at $996.82 billion. At the same time, DEX trading volume has also increased by 16.27%, with a weekly trading volume of $39.395 billion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Japan’s Takaichi says in close contact with US financial authorities on currency market
A bitcoin address dormant for 16.2 years has been activated, containing 50 BTC
Yen breaches the 160 level again! Japanese finance minister vows to "join forces" with the US Treasury to address unilateral volatility
After the yen fell below the critical 160 level, the Japanese finance minister stated that Japan would closely cooperate with the US Treasury Department to address unilateral volatility, reigniting speculation of joint intervention.
Crypto prices
More
