Cryptopolitan
2020-10-21 11:12:14

Tether (USDT) loses stablecoin dominance to USDC and Dai in DeFi

US dollar stablecoin, Tether continues to dominate via its market capitalization. However, the USDC and Dai stablecoin outperform USDT in the DeFi market. Aside from the regular trading of US dollar-backed stablecoins on the centralized exchanges, these cryptocurrencies have, in fact, gained prominence in the decentralized finance (DeFi) market. Although Tether (USDT) continues to trend […]

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