Even as rival stablecoins gains more and more market value, Tether continues to be the king of stablecoin. But the question is - for how long?
Even as rival stablecoins gains more and more market value, Tether continues to be the king of stablecoin. But the question is – for how long?
While it managed to re-peg quickly, the deathly spiral resulted in many investors ditching the stablecoin giant for its rival – USDC, a top contender. Upon gauging further, it was found that, unlike the falling market cap of USDT, Circle’s flagship stablecoin has continued toAfter topping out in the first week of March, USDC’s market cap quickly bounced back in mid-May. AsADVERTISEMENT
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