DefiLlama data showed stablecoin capitalization fell $3.40 billion in a week to $300.83 billion, even as stablecoin capitalization on the Arc network rose 30.23% over that period.
The market total was also down 0.17% over the latest day and 2.09% over 30 days. A separate DefiLlama measure put on-chain transfer value at $10.09 trillion for a rolling 30-day window, 38.53% higher than the month before. The figures show transfer activity rising as the market’s overall value declined.
Tether (USDT) accounted for $180.34 billion, equal to 59.95% of the market. USD Coin (USDC) stood at $71.73 billion, with Sky Dollar (USDS) at $6.51 billion. Dai (DAI) and Ethena USDe (USDe) were valued at $4.74 billion and $4.53 billion, respectively.
Ripple USD (RLUSD) recorded the largest weekly increase among listed tokens, gaining 6.91%. Open USD (OUSD) rose 5.89%, and PayPal USD (PYUSD) added 0.82%.
Ethereum hosted $141.30 billion in stablecoins; Tron had $94.55 billion. Among listed networks, Arc posted the largest increase. XRPL gained 4.96% and Avalanche rose 1.38%; Aptos fell 10.07%, Solana declined 3.15% and Arbitrum dropped 2.86%.
An earlier EconoTimes report citing DefiLlama’s Oct. 23 data put stablecoin capitalization at $304.89 billion and Arc’s weekly increase at 33.51%.
