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Stablecoin Market Overview: We've dug into the stablecoin landscape on Polygon, analyzing their performance, market cap distribution, and liquidity. Here's what we found: Tether (USDT) and USD Coin (USDC) dominate, with USDT leading in total volume. The stablecoins we analyzed include USDT, USDC, DAI, EURS, UST, BUSD, and TUSD
Key Metrics: USDT holds a significant market share with a robust trading volume, while USDC shows steady growth. Our analysis highlights the strong presence of these stablecoins in Polygon's ecosystem, underpinning its DeFi activity. Stay tuned for more insights!