USDC vs USDT: the differences between the two dollar-pegged stablecoins
Both are stablecoins collateralized 100% in US dollars
Keep up with what's happening in the crypto world in real-time.
Both are stablecoins collateralized 100% in US dollars
An attracting swap possibility is not what you think
Two of the largest stablecoins by market capitalization, USDT and USDC, saw their dominance reach a new all-time high (ATH), an indication that more traders are exiting their crypto positions, although Tether's circulating supply continues to decline. Tether's Dominance Gradually…
Coinbase claims it wants to decrease time, effort and exorbitant fees
Coinbase debuts support for crypto transfers on both Polygon and Solana as part of the company's multi-chain expansion. The post Coinbase rolls out Polygon support for transfers of ETH, USDC appeared first on The Block.
The Stablecoin dominance reaches ATH as the crypto winter enhances which is another sign of increasing bearish sentiment so let's read more today in our latest cryptocurrency news. When the investors and the trader's exit crypto positions, they often convert them into stablecoins before taking them off the exchanges as fiat.
The community of Genie will also benefit from an Airdrop. When will the Uniswap airdrop happen and what are the requirements?
A robot with a reputation for outpacing the crypto markets is revealing its latest portfolio allocations as Bitcoin (BTC) and Ethereum (ETH) weather high volatility. Each week the Real Vision Bot conducts surveys in order to create algorithmic portfolio assessments consistent with a “hive mind” consensus. The bot's newest data finds that traders' risk appetite […] The post Bot Known for Outperforming Crypto Markets Unveils Altcoin Selections Amid Wild Bitcoin and Ethereum Price Action appeared first on The Daily Hodl.
USD Coin (USDC), one of the popular stablecoins in the market, is competing well against Tether (USDT). Data from Messari shows that the stablecoin's daily [.
After Tuesday, when USD Coin's daily'real volume' on the Ethereum network doubled that of Tether's USDT, it began to challenge Tether for the title of top stablecoin in the cryptocurrency world. The fact that USDC's real volume has roughly doubled that of USDT over the past 24 hours, at least on the Ethereum network, may …
The move reduces the utilization of USDC within the Solend platform and allows users to withdraw their assets once more.
At least on the Ethereum network, USDC real volume has nearly doubled that of USDT in the past 24 hours which could be another sign that the top stablecoin's dominance is coming to an end.
Tether's market cap has dropped by 19% since the start of May, while USDC's has climbed by 5%.
With the crypto market crash has come a renewed interest in the cover that stablecoins provide investors. As a result of this, crypto investors had flocked to stablecoins such as USDT, BUSD, USDC, etc, for this exact reason.
USDC was one of the few digital currencies that was able to withstand the selling pressure that engulfed the market in May leading to a rise in one of the most used stablecoins. The post USDC Market Cap Soared More than $4 Billion in May appeared first on BeInCrypto.
The stablecoin market, like the rest of the cryptocurrency ecosystem, continues to see new updates every day. Things changed rapidly, especially after TerraUSD [UST] came into the picture only to crash and burn.
Founder of the Daily Gwei newsletter, Anthony Sassano, claims that USDC accounts can be blocked. The post Circle CEO fails to dismiss allegations USDC users can be blocked appeared first on CryptoSlate.
Circle's stablecoin USDC has overtaken Tether's USDT for the first time in the number of daily transactions on Ethereum, Nansen.AI CEO Alex Svanevik highlighted on Twitter. This news is the latest in a series of bad events for Tether.
The market value of stablecoins has been rising steadily in recent months. Amid a broader crypto market collapse, stablecoins gained further market share and now hold more than 15% of the total crypto market capitalization.
USDT has surpassed Ethereum-based USDT by the number of transactions
Key takeaways: Sam Bankman-Fried's Alameda Research has lent Voyager digital 200 million USDC and 15k Bitcoin. The digital assets are meant to safeguard Voyager Digital's customers' assets during the current crypto market volatility.
The newest wave of Tether token redemptions is challenging the project's domination of the stablecoin market, with the project's market cap approaching that of its [...]
Glassnode, an on-chain data analytics platform, disclosed today that USDC, the world's second largest stable coin, is gaining traction as crypto investors prefer it over USDT. This may be seen in the total number of supplies added to the coin in the last month alone. USDC had a market cap of $4.1 billion in January …
On-chain data analytics site Glassnode disclosed today that world's second largest stable coin USDC is gaining traction as crypto investors seem to prefer it over USDT. This is evidenced in the total number of supply the coin gained from last month alone.
