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Coin Edition
2023-03-22 15:05:00

USDC and USDT Sustain Tight Stablecoin Dominance Contest

USDC and USDT Sustain Tight Stablecoin Dominance Contest

Data from Cryptoquant, the on-chain data platform, reveals a close contest between USDC and USDT stablecoins in terms of dominance. According to a Cryptoquant analyst, the market capitalization share of USDC on the ETH chain is 43.78%, while that of USDT is 44.60%. The USDC stablecoin became a victim of the ongoing banking crisis in The post USDC and USDT Sustain Tight Stablecoin Dominance Contest appeared first on Coin Edition .

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