The current market share of algorithmic stablecoins stands at 1.71%, while its all-time high record in April reached 12.4% of the whole crypto market.
) remain the leaders in the stablecoin market, with USDT accounting for 48.7% of the market share — the highest dominance recorded since October 2021.
The report also highlights the so-called “stablecoin war,” heated up by Coinbase’s decision to introduce a zero-fee trade to swap USDT for USDC in December 2022. Minted by the exchange, USDC currently accounts for less than 1% of the stablecoins trading volume on Coinbase. Earlier in 2022, Binance also introduced its BUSD auto-conversion feature, which automatically converted users’ balances of USDC, USDP and TrueUSD to BUSD on a 1:1 basis.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Colts rookie report: How Alec Pierce, Jelani Woods, Bernhard Raimann grew in trying seasonThe Colts made life tough on their rookies this year, but adversity also builds and tests professionals. Here's how their rookies performed.
Consulte Mais informação »
Trump lawyers won't appear at Georgia hearing where judge will consider release of reportDonald Trump's attorneys said they will not appear at a Georgia hearing Tuesday when a local judge is expected to consider the public release of a grand jury's report on a wide-ranging investigation into attempts to interfere in the 2020 election.
Consulte Mais informação »
Judge Mulls Release of Georgia Grand Jury Report on Efforts to Overturn 2020 ElectionA judge is set to hear arguments on whether to release a report by a special grand jury tasked with investigating whether then-President Donald Trump and his allies broke any laws as they sought to overturn his narrow 2020 election loss in Georgia.
Consulte Mais informação »
A Georgia judge weighs release of a grand jury report into 2020 election interferenceA Georgia judge will soon decide what, if any, parts of a special grand jury report will be made public following an 8-month investigation into efforts by Trump and his allies to overturn the state's 2020 election results.
Consulte Mais informação »
Judge mulls release of report by grand jury probing efforts to overturn 2020 election in GeorgiaA judge in Georgia is hearing arguments regarding whether to publicly release the report by the grand jury probing efforts to overturn the results of the 2020 election.
Consulte Mais informação »