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Circle's USDC on track to topple Tether USDT as the top stablecoin in 2022

Notably, USDC’s market capitalization has grown by 8.27% since May, reaching its highest level of $55.9 billion on July 2. In contrast, USDT has suffered an over 19% drop in its market valuation, currently treading around $66.14 billion.

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Source: Cryptocurrency - investing.com

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