Stablecoin market grows $2B in a week, USDT stays near $190B dominance

The stablecoin market expanded by over $2 billion in the past seven days, reaching a total market capitalization of $322.74 billion. Tether's USDT remains the dominant stablecoin with a market cap of $189.63 billion, controlling nearly 59% of the market. Circle's USDC showed strong growth with $1.61 billion in new inflows, signaling renewed investor interest in dollar-backed crypto assets. Other stablecoins like USDG also saw significant gains, highlighting a rotation of capital back into stablecoins despite mixed performance across the sector.