Crypto News

This significant growth is largely attributed to the rise of decentralized finance (DeFi) and the increasing adoption of stablecoins in the crypto space. Let's take a closer look at some of the top stablecoins and their current market value. USDT: The Original Stablecoin USDT (Tether) is the original stablecoin, launched in 2014. It is pegged to the US dollar and is currently the largest stablecoin in terms of market capitalization, with a value of over $69 billion. USDT is widely used in trading and is supported by most major exchanges. Its popularity has also been fueled by its use in DeFi protocols and as a medium for cross-border transactions. USDC: The Regulated Stablecoin USDC (USD Coin) is a stablecoin launched by Coinbase and Circle in 2018. It is also pegged to the US dollar and is regulated by the CENTRE Consortium. USDC has a current market value of over $30 billion and is supported by various DeFi platforms and exchanges. Its transparent and r...