USDC flips Tether on the Ethereum network
The total supply for USDC on Ethereum has surpassed that of Tether, putting USDT in second place on Ethereum for the first time.
The total supply for USDC on Ethereum has surpassed that of Tether, putting USDT in second place on Ethereum for the first time.
Original source
Read on CointelegraphRelated market context
Kraken Enables USDCx Deposits And Withdrawals On Canton Network
TL;DR Kraken has enabled deposits and withdrawals of USDCx on Canton Network. USDCx is backed 1:1 by USDC held in Circle’s xReserv...
Bitcoin Selloff Leaves Half of Supply Underwater as Tether Briefly Overtakes Ether
Bitcoin's drop below $60,000 leaves half of supply in loss, while Tether briefly overtakes Ether in a reality check for crypto mar...
Kraken Adds USDCx Support On Canton As Institutional Stablecoin Rails Expand
TL;DR Kraken says it now supports USDCx deposits and withdrawals on the Canton Network. USDCx is described as a Canton-native stab...
Tether’s Brief Overtaking of Ether in Value Signals Crypto Market Stress
USDT briefly surpassed Ether in market cap last weekend, signalling investor flight to safety amid Bitcoin's worst week since FTX...
LG Electronics Tests Onchain Advertising Network On Arbitrum
TL;DR LG Electronics is piloting an onchain advertising network on Arbitrum. The project is designed to make ad performance more v...
Rob Hadick Warns Tether and Circle Face Rising Pressure From New Stablecoins
Dragonfly General Partner Rob Hadick believes stablecoins are entering a new phase. While USDT and USDC remain dominant today, he...