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Stablecoin Market Cap Tops $200 Billion for the First Time as USDC Closes the Gap on Tether
MarketsApr 10

Stablecoin Market Cap Tops $200 Billion for the First Time as USDC Closes the Gap on Tether

Circle has added $12 billion in supply this quarter, narrowing Tether's lead to the smallest margin since 2021. The composition of who is holding what has changed, too.