As information disclosed by issuers varies, it's not easy for investors to make apple-to-apple comparisons.
Though USDT and USDC still captured the largest market share, smaller stablecoins are trying to prove that they are backed by safer assets.
The new company is part of Huobi’s efforts to make a return to the U.S. market.
China's Nervos picks Huobi's HUSD as the first available stablecoin on its blockchain amid a DeFi boom in China.
Ethereum’s transaction counts have surged by 72% since mid-February