Advertisement
AD

Main navigation

Tether's Biggest Rival Now Has $4 Billion Market Cap

Advertisement
Fri, 1/01/2021 - 18:16
Tether's Biggest Rival Now Has $4 Billion Market Cap
Cover image via stock.adobe.com
Read U.TODAY on
Google News

The total market capitalization of USD Coin (USDC) has surpassed $4 billion, according to a tweet posted by Circle CEO Jeremy Allaire.

The dollar-pegged cryptocurrency witnessed 800 percent growth in 2020 alone, thriving because of mushrooming demand for stablecoins. It currently holds 11th place on CoinMarketCap.  

Advertisement
Article image
Image by coinmarketcap.com

Related
Its bigger rival, Tether, hit the $20 billion mark in mid-December. Because of XRP’s recent collapse, it once again became the third-largest cryptocurrency. 

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD