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As Tether Faces Billions in Redemptions, Circle's USDC Is Gaining Ground

Tether's market cap has dropped by 19% since the start of May, while USDC's has climbed by 5%.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

As Tether Faces Billions in Redemptions, Circle's USDC Is Gaining Ground
Tether's market cap has dropped by 19% since the start of May, while USDC's has climbed by 5%.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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