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Capitalization of stablecoinsapproaching $134 billion.
According to CoinGecko, the capitalization of Tether (USDT) exceeded $90 billion for the first time in the middle of this week. USDT's dominance in the stablecoin market is 71.45%. The shares of the second and third largest fiat-backed digital currencies USDC and DAI in the market decreased to 19.28% and 4.26%, respectively.