Tether USDt

USDC

<ul><li>Tether&#39;s rise as a derivatives collateral reshapes its market dominance, with a 71% market cap.</li><li>USDC&#39;s appeal to institutional investors, driven by regulatory compliance, hints at a market shift.</li><li>The stablecoin rivalry between $USDT and $USDC is critical to the future of digital and traditional finance integration.</li></ul>Tether ($USDT) has been <a href="https://cryptotale.org/shift-in-crypto-tether-rises-as-usdc-falls-amid-economic-contradictions/" rel="noopener noreferrer nofollow">witnessing</a> a resurgence in reserve dominance across global exchanges. This resurgence is primarily attributed to its growing use as <a href="https://x.com/ki_young_ju/status/1745690290030342318?s&#61;20" rel="noopener noreferrer nofollow">collateral</a> in derivatives trading. Remarkably, Tether&#39;s market cap dominance has soared to 71%.However, this rise in prominence has its share of skepticism, particularly from U.S. financial institutions. As highlighted by Ki Young Ju, Founder and CEO of CryptoQuant, these institutions exhibit reservations about Tether, expressing a preference for a more globally embraced $USDC.Coinbase International Exchange&#39;s strategic move might expedite the journey towards achieving global traction for $USDC. They aim to attract more retail investors to their derivative products. This shift could catalyze a significant rise in USDC&#39;s dominance.Read full article a<a href="https://cryptotale.org/usdc-gains-ground-as-tether-faces-skepticism-from-u-s-financial-institutions/" rel="noopener noreferrer nofollow">t CryptoTale.</a>

USDC Gains Ground as Tether Faces Skepticism from U.S. Financial Institutions

CryptoTale

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