CoinGecko data shows that since the beginning of this year, the circulating market value of stablecoins has increased by more than 30.7% (about $39.63 billion) to $170.26 billion, accounting for nearly 8.2% of the total market capitalization of the global crypto market, a difference of about $17.6 billion from the historical peak. Among them, the market is still dominated by stablecoins pegged to the US dollar, which occupy about 96.2% of the market share with a market value of $164.59 billio...