AMB Crypto
2023-02-28 09:30:43

How USDC has gained from ongoing BUSD chaos

USDC witnessed interest from Genesis and other institutional investors. BUSD and USDT lagged in terms of transfer volume. According to data provided by Dune Analytics, trading firm Genesis had a massive amount of USDC in its reserves. The increasing interest of these firms could be instrumental in helping USDC compete in the stablecoin space. 33.0%

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