
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.