Stablecoin Total Market Cap Returns to Uptrend This Week, Circulating Market Cap Reaches Back Above $305 Billion

BlockBeats News Update: On November 28, according to DefiLlama data, the total market capitalization of stablecoins has reversed its declining trend in the past week, with the circulating market cap now standing at $305.78 billion, representing a 0.8% increase.

USDC has been a key contributor to this growth, with its circulating market cap increasing by 3.31% over the past week.