The stablecoin economy is experiencing new growth. In the past 7 days, the total market value of all stablecoins has increased by $1.52 billion. The growth in the past seven days was mainly driven by Tether (USDT), which is the largest stablecoin by market value, with its supply increasing by 1.2 billion. About $300 million of the growth came from Circle's US dollar token (USDC).