USDC

Stablecoin Wars: USDT’s 70% Share Signals a Shift in Preferences

There have still been significant swings in the stablecoin market and while USDT is fast becoming the most dominant stablecoin with an approximate 70% of the total market cap. Such dominance comes as the global market value of stablecoins hit an estimated figure of $184.02 billion. While USDT is still a preferred option to wash coins by regulators and institutions compared to USDC, the continuously growing market share of USDT proves the world is changing. Growth Fueled by Tron Activity and Regulatory Implications A strong usage case for USDT is significant activity connected to the Tron blockchain: approximately $61.7 billion