The market dominance of stablecoins pegged to the US greenback has modified considerably over the previous 12 months. Though most are lowering, (USDT) has risen once more to an all-time excessive, in response to information from CoinGecko reveals.
Over the previous 12 months, Circle’s (USDC) has seen its market share drop from 34.88% to 23.05% on the time of writing. Binance USD Market Participation (BUSD) fell from 11.68% to 4.18% throughout the identical interval, whereas Dai (DAI) participation charge was 3.66%, down from 4.05% in 2022. Could.
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