Market Update: The recent surge in DeFi lending platforms has sparked a wave of interest in stablecoins. As a result, the market capitalization of Tether (USDT) and USDC has surpassed that of Bitcoin Cash (BCH). This shift highlights the growing importance of stablecoins in the crypto ecosystem.

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The rise of stablecoins like USDT and USDC is a testament to their increasing relevance in the DeFi space, providing a reliable store of value and facilitating seamless transactions.