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Can TUSD, USDP overtake BUSD? Analyzing the shifting stablecoin market

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TUSD and USDP gained popularity in market share, with TUSD leading the race. The mean dollar invested age, market capitalization, and exchange reserve metrics show TUSD and USDP’s steady growth. Recently, the stablecoin market experienced significant changes, creating an opportunity for other stablecoins, such as Pax Dollar [USDP] and TrueUSD [TUSD], to grab the market […]

had a robust market presence at press time, with a market cap exceeding $2 billion and a 24-hour trading volume over $531 million. During this time, TUSD ranked as the 13th-largest coin by market cap and the fifth-largest stablecoin by market cap. Interestingly, TUSD’s 24-hour trading volume surpassed that ofIn contrast to TUSD, USDP had a relatively smaller market presence, with its market cap exceeding $877 million and a 24-hour trading volume of over $22 million.

However, based on the metrics discussed earlier, TUSD is better positioned to take the top spot if it becomes available. TUSD’s higher market cap and trading volume, coupled with its steady growth in exchange reserve, suggest it has a more established presence in the stablecoin market.Read the best crypto stories of the day in less than 5 minutes

 

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you said shifting =?

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