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Tether (USDT) is the largest "stablecoin" and the most interesting one here. Tether (USDT) and USD Coin (USDC) have a combined market cap of ~120. The total "st
by cheeseface 4y ago
Tether (USDT) is the largest "stablecoin" and the most interesting one here. Tether (USDT) and USD Coin (USDC) have a combined market cap of ~120. The total "stablecoin" market cap is ~170B. UST was at ~18B before the collapse, so it does account around 10% of the market. Significant, but not the most important player.