USDC transfer volume hit 5X USDT’s in fallout from FTX collapse
Although it has a much smaller market cap, on-chain data shows that USDC has a much greater transfer volume than its main competitor USDT.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Although it has a much smaller market cap, on-chain data shows that USDC has a much greater transfer volume than its main competitor USDT.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
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