USDC Aggressively Chasing USDT: The Stablecoin Market Landscape is Quietly Changing

Source: Odaily (ID: o-daily) Author: Stacy Elliott Over the past two months, various signs in the crypto market have been undermining investor confidence: the collapse of Terra stablecoin UST, the bank run on crypto lending platform Celsius, crypto hedge fund Three Arrows Capital facing liquidation crisis, and more. As various token prices plummet, cryptocurrency is entering a new crypto winter.