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Benzinga
Benzinga
Business
Shivdeep Dhaliwal

USDC Emerges As Most Popular Stablecoin On Ethereum — Why Is USDT Taking A Backseat?

USD Coin (USDC) has emerged as the most popular stablecoin on the Ethereum (CRYPTO: ETH) ecosystem. 

What Happened: USD Coin, managed by the Centre consortium — which was founded by Circle and includes members such as Binance and Coinbase Global Inc (NYSE:COIN) — has risen in popularity compared with Tether (USDT), according to Delphi Digital, an independent research firm.

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