Crypto Market Rallies Drive Faster USDT Growth While Slowing USDC Expansion, Study Finds
Key Highlights: Coin Metrics’ four-year regression study finds that perpetual-futures funding rates explain roughly 10% of $USDC’s weekly supply-growth variation and only 4% of $USDT’s, highlighting fundamental structural differences between the two largest stablecoins. Aave v3 carry spreads add statistically meaningful explanatory power for $USDC supply growth but offer no significant incremental insight for $USDT, ...