Cryptocurrency News

Circle’s USDC on track to topple Tether USDT as the top stablecoin in 2022

2022.07.05 23:25

Circle's USDC on track to topple Tether USDT as the top stablecoin in 2022
Circle’s USDC on track to topple Tether USDT as the top stablecoin in 2022

The growth of Circle’s native stablecoin USD Coin (USDC) in the last two months compared to its $66-billion rival giant Tether (USDT) is nothing short of spectacular.

Notably, USDC’s market capitalization has grown by 8.27% since May, reaching its highest level of $55.9 billion on July 2. In contrast, USDT has suffered an over 19% drop in its market valuation, currently treading around $66.14 billion.

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 103,029.60 1.79%
ethereum
Ethereum (ETH) $ 3,365.08 0.24%
xrp
XRP (XRP) $ 3.22 2.71%
tether
Tether (USDT) $ 1.00 0.00%
solana
Solana (SOL) $ 224.83 6.13%
bnb
BNB (BNB) $ 704.13 1.40%
dogecoin
Dogecoin (DOGE) $ 0.40728 5.67%
usd-coin
USDC (USDC) $ 1.00 0.01%
cardano
Cardano (ADA) $ 1.10 1.52%
staked-ether
Lido Staked Ether (STETH) $ 3,363.51 0.34%
tron
TRON (TRX) $ 0.247687 2.36%
avalanche-2
Avalanche (AVAX) $ 40.57 0.37%
chainlink
Chainlink (LINK) $ 24.43 3.16%
stellar
Stellar (XLM) $ 0.473123 3.56%
sui
Sui (SUI) $ 4.78 0.51%
hedera-hashgraph
Hedera (HBAR) $ 0.372604 3.60%
shiba-inu
Shiba Inu (SHIB) $ 0.000024 4.27%
wrapped-steth
Wrapped stETH (WSTETH) $ 4,038.56 0.49%
the-open-network
Toncoin (TON) $ 5.47 0.94%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 102,734.53 1.77%
polkadot
Polkadot (DOT) $ 7.25 0.27%
weth
WETH (WETH) $ 3,368.55 0.33%
litecoin
Litecoin (LTC) $ 128.63 4.97%
bitcoin-cash
Bitcoin Cash (BCH) $ 476.96 0.22%
leo-token
LEO Token (LEO) $ 9.76 0.13%
uniswap
Uniswap (UNI) $ 14.43 1.05%
bitget-token
Bitget Token (BGB) $ 7.03 0.91%
pepe
Pepe (PEPE) $ 0.00002 5.19%
hyperliquid
Hyperliquid (HYPE) $ 22.18 4.87%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,584.10 1.00%
near
NEAR Protocol (NEAR) $ 5.59 5.41%
usds
USDS (USDS) $ 0.99854 0.18%
ethena-usde
Ethena USDe (USDE) $ 0.997329 0.30%
aptos
Aptos (APT) $ 9.46 1.13%
internet-computer
Internet Computer (ICP) $ 10.92 2.25%
aave
Aave (AAVE) $ 322.61 1.49%
vechain
VeChain (VET) $ 0.053713 0.38%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.492711 1.77%
ethereum-classic
Ethereum Classic (ETC) $ 27.40 1.41%
monero
Monero (XMR) $ 219.58 1.65%
render-token
Render (RENDER) $ 7.72 2.12%
crypto-com-chain
Cronos (CRO) $ 0.141808 3.05%
algorand
Algorand (ALGO) $ 0.458073 6.34%
bittensor
Bittensor (TAO) $ 466.67 3.57%
kaspa
Kaspa (KAS) $ 0.147397 0.27%
mantle
Mantle (MNT) $ 1.09 3.28%
dai
Dai (DAI) $ 1.00 0.02%
mantra-dao
MANTRA (OM) $ 3.73 3.40%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.37 1.58%
filecoin
Filecoin (FIL) $ 5.58 4.14%