Stablecoin market cap sets fresh record as DeFi TVL returns to the $100B level
BlockBeats reported on April 18 that crypto markets showed a broad rebound, with several key indicators turning higher. Total stablecoin market capitalization rose 0.88% over the past week to $321.408 billion, marking a new all-time high. USDT, which had been shrinking in recent weeks, resumed expansion, with circulating supply up 1.26% and market share climbing to 58.06%.
DeFi total value locked (TVL) across the sector also recovered to around the $100 billion range, currently standing at $99.682 billion. Over the same period, weekly DEX trading volume increased 16.27% to $39.395 billion.