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Tether Market Cap Rises by 10% Following Stablecoin Meltdown – Can it Maintain the Lead?

The market capitalization of the popular stablecoin tether (USDT) has risen as other stablecoins, including Circle’s USD coin (USDC) and MakerDAO’s DAI briefly lost their pegs over the weekend. As a result of the increas...

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Tether Market Cap Rises by 10% Following Stablecoin Meltdown – Can it Maintain the Lead?
The market capitalization of the popular stablecoin tether (USDT) has risen as other stablecoins, including Circle’s USD coin (USDC) and MakerDAO’s DAI briefly lost their pegs over the weekend.
As a result of the increase in marketshare for tether, Binance USD (BUSD), a stablecoin issued by US-based Paxos Trust Company for Binance, USD coin, and other major stablecoins have seen their share of the stablecoin market go down....
Read More: Tether Market Cap Rises by 10% Following Stablecoin Meltdown – Can it Maintain the Lead?

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