Argin Chronicles
This year, Tether’s dominance on centralized exchanges (CEXs) has slipped from 82% to 74%, reflecting the growing competition and regulatory challenges it faces. Despite USDT remaining the top stablecoin, its market share decline is a significant indicator of shifting dynamics in the stablecoin market. The introduction of competing stablecoins like FDUSD and the increasing demand […]
As cryptocurrency prices rebound, a crucial factor to watch for validating this bounce is the growth in stablecoin market caps. From mid-October to mid-April, the combined market caps of major stablecoins like $USDT, $USDC, $DAI, $BUSD, $USDP, and $TUSD surged by 25%. This increase supported rising trading volumes and indicated investors’ preference to keep their […]