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USDC's Market Cap Is Just $10B Away From Surpassing Tether USDT
source link: https://nextbigwhat.com/usdcs-market-cap-is-just-10b-away-from-surpassing-tether-usdt/
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USDC’s market capitalization has grown by 8.27% since May, reaching its highest level of $55.9 billion on July 2. In contrast, USDT has suffered an over 19% drop in its market valuation, currently treading around $66.14 billion.
At the current rate — and with less than $10 billion now separating the two stablecoins — USDC can surpass USDT by market capitalization in a few months, if not weeks.
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