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    Home » USDC leads among the “new stablecocks”

    USDC leads among the “new stablecocks”

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    By BlockchainJournal on January 5, 2019 News
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    According to the research company skew, USD Coin (USDC) is becoming more popular than the other steybcocoins that appeared during the past year.

    USDC is extending the USDT pic.twitter.com/oSZwD9waJB

    – skew (@skew_markets) 4 січня 2019 р.

    The stable USDC coin from a startup Circle currently holds the 22nd place in the CoinMarketCap ranking. Its capitalization is $ 294 million .

    The stable TrueUSD coin ($ 209 million; 28th position in the rating) is not far behind USDC. Last summer, the developers of TUSD raised $ 20 million in a strategic tokensale with the participation of Andreessen Horowitz, BlockTower Capital and Danhua Capital.

    Further, with a large margin from TUSD, follow:

    • Paxos Standart ($ 130 million; 38th place at CoinMarketCap)
    • Gemini Dollar (GUSD) c $ 90 million capitalization (50th line of rating)
    • Dai ($ 70 million; 56th place).

    Despite the obvious increase in popularity, all these stablebinks are still far from Tether (USDT), which is in 8th place in the rating with a $ 1.9 billion capitalization.

    Recall that at the end of last year, the USDC passed an audit check . According to its results, it was confirmed that all USD Coin coins are provided with fiat dollar.

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