Despite the cryptocurrency market downturn, the total market capitalization of stablecoins remains high, with a growth of over 50% in January, surpassing USD1 billion

By: theblockbeats.news|2026/02/07 19:13:09
0
Share
copy

BlockBeats News, February 7th. In the past two weeks, the crypto market has turned cold, with the total cryptocurrency market cap quickly falling below $2.4 trillion. However, the stablecoin market cap remains high. According to DefiLlama data, the total stablecoin market cap is now reported to be $307.152 billion, still at a historical high.

Among them, USDT's market dominance has reached 60.28%. The WLFI-backed stablecoin USD1 has shown significant growth, with its circulating market cap increasing by 50.64% in the past month, now standing at $5.217 billion.

You may also like

Morning Report | OpenAI has submitted an S-1 registration statement draft to the U.S. SEC; Morpho completes $175 million financing

Overview of Important Market Events on June 9th

Galaxy Deep Research Report: How Hyperliquid's HIP-4 Upgrade Changes the Landscape of Prediction Markets?

The platform that wins this competition will be the one whose execution layer is the hardest to replicate, whose builder ecosystem delivers the fastest, and whose regulatory path is the most open.

Latest research from 13 top universities including Cornell University: The current state, challenges, and misconceptions of the fusion of Crypto and AI

The combination of AI and crypto is still in its early stages, with both serving as complementary "middleware": AI translates human intentions into executable programs, while cryptographic technology provides verifiable and tamper-proof guarantees for computational processes and results. In the dire...

Deconstructing Anthropic: The Best AI Company, Possibly Also a Type of Organizational Invention

Instead of competing with ambition, focusing on restraint, how does Anthropic leverage extreme strategic focus and an "counterintuitive" geek culture to counterattack OpenAI on the AI battlefield?

Every exchange is a "Universal Exchange."

You initially build infrastructure for something, then realize it can also be used for many other things, and then you continuously expand the business to accommodate everything that the infrastructure can support.

The counterattack of traditional finance: Alliance chains are quietly reviving

Whether public chains win or consortium chains win has never been the focus.

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com