Stablecoin adoption has grown immensely, observed especially following the collapse of Terra.
USDC and USDT have seen sizeable growth, but USDT has a lot of keeping up to do with its value plunging as of press time.
USDT trades at $0.09999 as of this writing
Stablecoin waning in terms of social mentions and engagements
Tether exhibits strength in terms of market cap at $66 billion
The transfer volume of stablecoins is seeing impressive growth, including USDC, but USDT needs to catch up and gain more traction.
Overall, stablecoins are enjoying a spike in trading volume, having reached roughly $7.5 trillion which is a huge price pump.
According to CoinMarketCap, USDT (Tether) is trading at $0.09999 or 0.00% as of this writing.
USDC Leads In Transaction Volume
As of press time, USDC has been acing its rival in terms of value and transaction volume. Tether’s transaction volume has significantly slipped by 200 billion from 2021 to 2022.
USDT falters in the social media department or vis
We współpracy z: https://newsbtc.com/news/why-usdt-is-plunging/
