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USDT and USDC Supply Increases by Nearly $3 Billion in a Week

USDT and USDC Supply Increases by Nearly $3 Billion in a Week

Bitget2024/08/10 19:24

Supply of USDT and USDC has increased by nearly $3 billion over the past week, Tether's market cap has reached an all-time high of more than $115 billion, while Circle's USDC market cap has risen to $34.5 billion, its highest level since March 2023.

 

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The rebound of the yen may only be temporary, Morgan Stanley bets on arbitrage trades making a comeback, USD/JPY expected to rise to 163.