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Stablecoin Total Market Cap Continues to Rise, Increasing by 0.6% in the Past 7 Days

By: theblockbeats.news|2025/08/03 06:22:24

BlockBeats News, August 3rd, according to DefiLlama data, the current total market value of stablecoins on the entire network is reported to be $2672.27 billion, a 0.6% increase in the past 7 days, with USDT's market dominance dropping to 61.64% (down from 61.9% last week).

Around 560,000 ETH is currently queued to exit the Ethereum PoS network, while over 123,000 ETH is waiting to join.

Due to factors such as the shockingly low nonfarm payroll data in the US, the probability of a Fed rate cut in September surged to 80.3%.