June 28, 2022
COINBUZZFEED

COINBUZZFEED

Among the top stablecoins, Circle's USDC has emerged as a notable winner. The market capitalization of the market's second-largest stablecoin increased from $48 billion on May 11 to more over $53 billion today.

Among the top stablecoins, Circle’s USDC has emerged as a notable winner. The market capitalization of the market’s second-largest stablecoin increased from $48 billion on May 11 to more over $53 billion today.

According to CoinMarketCap, USDT’s market cap has dropped from just over $83 billion to $73.19 billion. Prior to the meteoric growth of UST, MakerDAO’s DAI was the market’s first and largest decentralized stablecoin.

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