DeFi· ★★★· bullish·

Tempo leads stablecoin market cap growth with $462M weekly increase

  • —Tempo's stablecoin market cap rose 161% in a week to $729 million
  • —OUSD holds $471.72 million, or 64.7% of Tempo's stablecoin market
  • —OUSD reserves are held at BlackRock, Lead Bank and BNY Mellon
  • —USDC on Tempo stands at $92.76 million, USDBridge at $86.02 million and pathUSD at $60.99 million
Why it matters: The surge signals institutional demand for payment-focused stablecoins and intensifies competition with USDT and USDC.
#USDC
Source: Crypto Briefing
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