The Invasion of the Stablecoins There are now over 200 stablecoins with marketcap in excess of $150 billion. Tether USDT is still the Stablecoin King π with 45% of the marketcap. USDC and BUSD are fighting it out for #2 spot. With $50B and $20B respectivally. Marketcap only tells half the story. Daily trading volumes: - USDT $50B - USDC $5.5B - BUSD $9.8B
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