
USDT’s market capitalization has grown some $5.3 billion this 12 months to date to $71.6 billion, with $3 billion of the positive aspects after mid-February. Circle’s rival stablecoin, USD coin (USDC), has additionally gained $3 billion because the Paxos announcement; nevertheless, its $44 billion market cap remains to be decrease than at first of 2023.
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