Stablecoins USDT, USDC Increase by $10B in a Month, Might Drive Crypto, Bitcoin (BTC) Costs Increased

by Jeremy

The provision of Tether’s USDT and Circle’s USDC – the 2 largest stablecoins – expanded by practically $10 billion mixed over the previous 30 days, 10x Analysis identified. In the meantime, the availability of MakerDAO’s DAI and Hong Kong-based First Digital’s FDUSD, the third and fourth largest stablecoins, additionally expanded by 5%-10% on this interval, CoinGecko knowledge reveals.

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