The total market value of stablecoins increased by more than 8 billion US dollars in March, and USDE supply surged by 194.9% in March

USD-pegged stablecoins rose to $151.4 billion from $143.3 billion in March. The total market value of stablecoins has increased by more than 8 billion US dollars. Among them: USDT supply increased by 6.3% this month, and the current market value is approximately US$104.5 billion; USDC supply increased by 13.1% this month, and the current market value is approximately US$32.46 billion; DAI supply decreased slightly by 1.7% this month, and the current market value is approximately US$32.46 billion. 4.9 billion US dollars; First Digital’s FDUSD has seen its supply decrease by 22.1% this month, and its current market value is about US$2.56 billion; Ethena’s USDE supply has surged 194.9% this month, and its current market value has risen to US$1.53 billion; Paypal’s PYUSD supply this month The supply volume fell by 38.2%, and the current market value is about US$188.4 million; Tron’s USDD supply fell slightly by 0.8% this month, and the current market value is about US$732.4 million; In addition, other US dollar-backed stablecoins such as CRVUSD, USDP and GUSD also faced declines , down approximately 4.2%, 28.9% and 9.8% respectively.