The overall market value of stablecoins increased by about 7.7 billion US dollars in February, with USDS growing by 64%

According to a report by Golden Finance, the overall market value of stablecoins increased by $7.7 billion in February, highlighting the growing demand for "digital dollars" in the cryptocurrency market. The main situation of the stablecoin market in February was that the market value of USDS increased by 64%, PYUSD increased by 49%, USDT market value reached about $143 billion (only $2.5 billion was added in February), and USDC increased by 7%. However, the market value of USDe and DAI has declined.