The evolving nature of the crypto market has seen many top altcoins lose their status and share of their respective markets. Recently, USDC overtook USDT as the most used stablecoin. Still, these coins have been rated as some of the best cryptos to buy alongside Rebel Satoshi‘s new coin, $RECQ, which has been predicted to surge by 100x. Let’s explore the latest from the experts.
USDT Becomes Largest Stablecoin by Transaction Volume –– VISA
Circle’s USD Coin has surpassed its largest competitor, Tether, in transaction volume this year, according to data from payment giant Visa and blockchain analytics platform Allium Labs. This milestone marks a significant shift in the stablecoin market, which has traditionally been dominated by USDT.
Visa metrics reveal that USDC transaction volume reached $455.5 billion last week, dwarfing USDT modest $88.5 billion during the same period. Since the beginning of 2024, USD Coin has accounted for about 50% of the total volume of transfers in the stablecoin market, a remarkable achievement considering USDT’s longstanding dominance as the largest stablecoin by market capitalization.
As Bloomberg reports, citing cryptocurrency analyst Noelle Acheson, the changing balance of power may be attributed to the distinct use cases of these two stablecoins. While USDT is primarily used outside the U.S. as a dollar store of value, USDC is favored for regular transactions within the country. This shift in user sentiment could potentially reshape the stablecoin landscape, with USDC gaining more traction and challenging USDT’s market dominance.
Top ICO Experts Recommend Rebel Satoshi’s $RECQ for 237.84% Return Potential
Rebel Satoshi is an innovative meme coin initiative that seeks to build a decentralized global community for its users. The project’s architecture grants token holders extensive governance rights, allowing them to influence the dual-token ecosystem.
The $RBLZ coin serves as Rebel Satoshi’s governance token, allowing holders the opportunity to vote. This allows them to participate in decision-making and have unique access to token-burning events. The project raised over $2.5 million during the $RBLZ public presale, and the coin is already trading on popular DEX platforms.
In addition to the $RBLZ governance token, the $RECQ token serves as the principal token for all transactions, incentives, fees, and purchases in the Rebel Satoshi ecosystem. Holders can use $RECQ to purchase products and NFTs and access the project’s rich gaming experience.
Early investors in $RECQ expect significant gains, with guarantees of a 237.84% growth in the token’s value from its current price of $0.0037 to a target of $0.0125. The Rebel Satoshi community encourages enthusiasts to join the movement, as $RECQ is widely regarded as a viable cryptocurrency investment prospect.
For the latest updates and more information, be sure to visit the official Rebel Satoshi Website or contact Rebel Red via Telegram