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by lmpostor 2423 days ago
Isn't there 400m+ of audited USDC in circulation?
1 comments
TylerE 2423 days ago
USDC: $447M market cap, $277M volume USDT: $4.1B market cap, $28.1B volume
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lmpostor 2423 days ago
Since November 18, just saying that is a far cry from "no demand" as stated by the top comment.
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TylerE 2423 days ago
No, those are daily volumes. Tether out-transacts it 100:1
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lmpostor 2412 days ago
It doesn't, exchange data is heavily manipulated in order to game certain resources like coinmarketcap, coingecko etc. I would agree tether is more but nowhere close to as described. Dividing by a factor of 10 wouldn't even be enough imo.
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