USD Coin Could Surpass Tether | USDC vs USDT Stablecoins

Circle has announced its intention of going public via a special purpose acquisition corporation (SPAC). The company has been forming new partnerships to expand the reach of its key product, stablecoin USD Coin (USDC). Thus, the firm seeks to increase their levels of transparency, the reserves that back USDC, and the business created around this Ethereum based stablecoin. This stablecoin has been displacing its competitor Tether (USDT) and could be even more relevant in the DeFi sector. Around $12.5 billion or 50% of USDC’s total supply has been locked into a smart contract. Thus, USDC might now be the preferred stablecoin in DeFi.

#USDC #Tether #USDT
~USD Coin Could Surpass Tether | USDC vs USDT Stablecoins~
Subscribe on YouTube ✅
Facebook 📱
Twitter 📱

Help out our channel with our affiliate link for Trade The Chain – Trade Crypto Like a Pro!➜

For the best and most secure VPN use our partner!➜

Have me speak at your event! ➜

Get 1,000 miles of free Supercharging with the purchase of a new Tesla car ⚡

Want to start your own virtual event or education series? Try our pro-level virtual event services 🎓 🎬

Want your own custom podcast? Jump in to the growth in podcasting to reach new and existing customers 🎙️



Leave a Reply

Your email address will not be published. Required fields are marked *