
USDT’s market capitalization has grown some $5.3 billion this 12 months thus far to $71.6 billion, with $3 billion of the beneficial properties after mid-February. Circle’s rival stablecoin, USD coin (USDC), has additionally gained $3 billion for the reason that Paxos announcement; nevertheless, its $44 billion market cap continues to be decrease than firstly of 2023.
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