- Buy Crypto
- Markets
- Futures
- Spot
- Copy Trade
WE-Launch
During the Trump administration, USDC's growth rate exceeded that of USDT.
BlockBeats News, October 29th, according to Protos News, during the Trump administration, the U.S. stablecoin market achieved significant expansion with policy support. The two major mainstream stablecoins — USDC issued by Circle and USDT issued by Tether — both saw their market capitalization grow, with USDC's growth rate significantly outpacing that of USDT.
Looking at the specific data, their growth exhibited the characteristic of "USDT leading in absolute value, while USDC has the advantage in relative growth rate." As the market leader, USDT's market capitalization grew from around $138 billion to $183 billion, showing a more prominent absolute increase. On the other hand, USDC rose from around $48 billion to $76 billion, achieving a relative growth of about 59% during Trump's second term, far exceeding USDT's 32.5% growth rate.
You may also like
Gainers
Latest Crypto News
Wintermute's founder denies shorting MON
Even though there were rumors that Powell would "resign," the market did not bet on him stepping down this year
Yearn: The recent yETH-related exploit did not impact the yCRV product
「Top ZEC Short Position on Hyperliquid」 ZEC Short Turns from Loss to Profit, Account Records Nearly $15 Million in Unrealized Gains
Crypto Faces "Black December" as Bank of Japan Hawkish Comments Could Be Catalyst for Recent Sell-off
Customer Support：@weikecs
Business Cooperation：@weikecs
Quant Trading & MM：[email protected]
VIP Services：[email protected]
App