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USDC gains ground in DeFi as competition with USDT intensifies: Keyrock report

Retrieved on: 2024-07-18 15:44:44

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USDC gains ground in DeFi as competition with USDT intensifies: Keyrock report. View article details on hiswai:

Summary

The article discusses the market dynamics between major stablecoins, particularly USDT and USDC. While USDT leads in centralized exchanges, USDC excels in decentralized finance (DeFi) applications due to its broader use cases and balanced distribution in various DeFi protocols. The key concept of 'Stablecoin' is exemplified through USDT and USDC, and the tags highlight relevant areas in the crypto ecosystem like Blockchains, Decentralized finance, and specific stablecoins.

Article found on: cryptobriefing.com

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