Rival stablecoin tether (USDT) has grown to its most dominant since May 2021, now representing 60% of all stablecoins in circulation.
Source
USDC Outflows Surpass $10B as Tether’s Stablecoin Dominance Reaches 22-Month High
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Rival stablecoin tether (USDT) has grown to its most dominant since May 2021, now representing 60% of all stablecoins in circulation.
Source