# Latest developments in the blockchain market

According to DefiLlama data, the total market value of stablecoins has increased by 0.08% in the past week and is currently reported at US$169.707 billion. This growth reflects the market's continued trust and demand for stablecoins.

Among them, the total market value of USDT remains unchanged, currently reported at US$118.199 billion, with a market share of 69.65%. This data shows that USDT is still the most popular stablecoin in the market and continues to dominate the stablecoin market.