As the stablecoin arena gains steam, the supremacy battle between konopac (USDT) and USD Coin (USDC) continues to play out.
Arcane Research predicts that the USDC will dethrone USDT at the top stablecoin seat in October. The market insight provider navedeno:
„Na kraju Q2, ukupna ponuda stabilnih coin-a iznosila je 151.3 milijarde dolara, što je pad od 35.1 milijardu dolara ili 18.8 odsto u poslednjem kvartalu, što je najveće tromesečno smanjenje u istoriji stabilnih coin-a. Predviđa se da će tržišna vrijednost USDC-a premašiti USDT u oktobru.”
Source:ArcaneResearch
USDT is currently the leading stablecoin with a market capitalization of $65.85 billion at the time writing, and USDC comes second with a value of $55.1 billion, prema to CoinMarketCap.
Despite USDC’s market cap trailing that of USDT by approximately $10.75 billion, its value has surged by more than $16 billion during the present bear market.
Ovo se može pripisati činjenici da Circle, emitent USDC-a, redovno dostavlja izvještaje o transparentnosti. Najnovije pokazuju da je stabilcoin adekvatno kolateraliziran sa 55.7 milijardi dolara koji se drže u kratkoročnoj gotovini i američkim trezorima.
Therefore, this factor makes Arcane Research predict that USDC will take the stablecoin’s helm in October.
On the other hand, Coin Metrics disclosed that USDC’s trading was mainly done during New York/U.S. business hours, whereas that of USDT was highly concentrated during European and Asia/Pacific trading hours.
Through the weekly State of the Network report, the crypto insight provider stated:
“One of the strongest observable patterns is the distribution of USDC and Tether (USDT) balance updates. USDC activity is highly concentrated during US market hours while USDT activity is centered around Asian and European market hours (note this is true for Tether across the Omni layer and Tron as well).”
Source:CoinMetrics
Meanwhile, crypto exchange Bit.com recently launched USD perpetual products to reduce confusion about different types of stablecoins, Blockchain.News prijavili.
Izvor slike: Shutterstock
Source: https://blockchain.news/analysis/is-usdc-value-posed-to-surpass-that-of-usdt-this-year