Ethereum-Based Tether Better Distributed Than Other Stablecoins - Report


Among the explored stablecoins, Tether (USDT)'s ERC20 version is "particularly well-distributed," crypto market analysis firm Coin Metrics said, stressing that only a few accounts own a large majority of five other stablecoins' supply. Since its creation six years ago, the dollar-pegged Tether expanded to other networks from the Omni protocol (itself built on top

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