The total market value of stablecoins increased by 0.29% in the past week, and USDT's market share reached 68.97%.

According to BlockBeats, on May 5, according to DefiLlama data, the total market value of stablecoins reached 160.407 billion US dollars, an increase of 0.29% in the past week. Among them, the market value of USDT reached 110.627 billion US dollars, with a market share of 68.97%.