According to market research company skew, USD Coin (USDC) becomes more popular than the other tablconv that has emerged over the last year.
USDC is extending its lead in the race to replace USDT pic.twitter.com/oSZwD9waJB
— skew (@skew_markets) 4 January 2019 R.
Stable coin USDC from start-up Circle is currently ranked the 22nd place ranking CoinMarketCap. Its market capitalization of $294 million
Slightly behind USDC stable coin TrueUSD ($209 million; the 28th position in the rating). Last summer, the developers TUSD has raised $20 million in the course of strategic tomenselo with the participation of Andreessen Horowitz, BlockTower Capital and Danhua Capital.
Further with the big separation from TUSD follow:
- Paxos standard ($130 million; the 38-th place in CoinMarketCap)
- Gemini Dollar (GUSD) to c $90 million capitalization (50th place)
- Dai ($70 million; 56-th place).
Despite the apparent growing popularity, all of these stabilium still far from the Tether (USDT), which is on the 8th place ranking with $1.9 billion market capitalization.
We will remind, in the end of last year USDC has passed the audit. According to its results, it was confirmed that all the coins Coin USD secured Vietnam dollar.