Today news
About the same in other media
Why USD Coin [USDC] may not yet be ready to overtake Tether [USDT]
Reading now: 905
Tether [USDT] must surely feel USD Coin [USDC] breathing down its neck in terms of market cap ranking as investors look at the wreckage of TerraUSD [UST] and re-assess their stablecoin preferences. To that end, two metric-based milestones go a long way in telling us about the demand for USDC – and its potential future.
Glassnode reported that USDC liquidity on Uniswap has been hitting lows last seen around 16 months ago. Why is this significant? Well, falling liquidity on Uniswap is a sign of high demand and could indicate that users are gravitating towards stablecoin.
<p lang=«en» dir=«ltr» xml:lang=«en»> Read more on ambcrypto.comAbout this in other media
STEPN: How China’s ‘regulatory policies’ caused a crash in yet another token ambcrypto.com /2 years ago
Russia Mulling Allowing Crypto for International Payments, Fed Vice Chair Sees Place for Digital Dollar, NFT Game Blocks Users in China + More News cryptonews.com /2 years ago
Stepn to block mainland China users to comply with regulatory policies cointelegraph.com /2 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
![Terra [LUNA]: Nansen’s report reveals new information on UST’s depegging fiasco](https://gocryptonft.com/storage/thumbs_400/img/2022/5/29/44514_cov.jpg)
