PANews reported on May 31 that Coingecko data showed that the total market value of stablecoins has exceeded 250 billion US dollars, currently reaching 250,024,816,027 US dollars, with a 24-hour increase of 0.1%, and a 24-hour trading volume of 61,231,269,308 US dollars. Among them, Tether (USDT) has a market value of more than 153 billion US dollars, accounting for about 61.2%, ranking first; USDC has a market value of more than 61 billion US dollars, ranking second.