Crypto Rally Signals a Shift in Stablecoin Growth: USDT Gains Ground as USDC Slows
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.4 Articles
4 Articles
After a crypto rally, the growth of the stablecoin offer does not proceed in the same way for everyone: accelerates for USDT and slows down for USDC, according to a study by Coin Metrics. Key points After a USDT rally the issue is strengthened, while the USDC expansion usually decreases. The funding rates of perpetual futures [...]
Crypto Rally Signals a Shift in Stablecoin Growth: USDT Gains Ground as USDC Slows
TL;DR: The Coin Metrics study covered four years of weekly observations to evaluate the relationship between market returns and token issuance. Statistical models explain 13% of the weekly variation in USDC supply and 16% in USDT supply. The annual supply rate for USDC on Aave v3 stood at 11.5% as of midnight UTC on October ...
Crypto rallies point to slower USDC growth and faster USDT growth, study finds
Coin Metrics finds opposite relationships with prior non-stablecoin crypto returns, complicating the case that combined issuance measures fresh Bitcoin demand. Read the full story on CryptoSlateUnderstand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
