As per a latest report, USDC and USDT still dominate the stablecoin segment with a combined market share of nearly 90%.
USD Coin is a fiat-backed digital currency created by Circle and managed by a consortium called Center. Pegged to the US dollar, the USD coin is the second most popular stablecoin after Tether.
Usually done with dollars. Countries issuing government ... they're looking to start doing more business in a currency other than the US dollar. Central banks have also started to tiptoe away ...