Here’s what data suggests regarding which of USD Coin (USDC) and Tether (USDT) do institutional stablecoin investors prefer.
Average Transaction Size For USDC Is Greater Than USDT
In a new post on X, the market intelligence platform IntoTheBlock has discussed how the metrics related to the two largest stablecoins in the sector compare against each other.
This is the data that IntoTheBlock has shared:
The first metric being compared here is the total addresses, which USDT wins out on as the stablecoin has 4.1 million addresses, while USDC has only 1.7 million, less than half of what USDT has.
In terms of active addresses, the former has the latter beat. The “active addresses” here refer to the total number of addresses participating in transaction activity on the chain.
The active addresses can be considered analogous to the unique number of stablecoin users, so Tether receives almost four times the traffic that USD Coin is.
As there are more active users, the total number of tra
We współpracy z: https://bitcoinist.com/usdc-vs-usdt-stable-institutional-traders-prefer/