The market capitalization of USDT, the world's largest stablecoin, has decreased by 0.8% this month to $183.61 billion. This follows a 1% decline in January from its all-time high of $186.84 billion, marking the first consecutive monthly contraction since the Terra collapse in 2022. Meanwhile, USDC, another major stablecoin, has seen its market cap rise from a January low of $70 billion to approximately $75 billion, though its growth has largely stagnated this year.