Matter Labs launched the zkSynca Layer 2 smart contract testnet and used Curve as the first resident dApp, Matter Labs' Layer 2 solution will use ZK to implement smart contract functionality in Ethereum. So far, Optimistic is the leading DeFi implementation.
The total number of stablecoins in circulation has reached $ 20 billion, and the market value of USDC is $ 2.53 billion, which is 13% of the total number of stablecoins in circulation. The rise in USDC has brought Tether's dominance to below 80%, which has never been the case in the era of modern stablecoins.
The day before, the issuer issued an additional 120 million USDT tokens, and the total capitalization of the coin exceeded $10 billion
The chief trader of the Genesis Block company Charles Yang believes, the digital yuan will face a pretty tough competition with Tether in the Asian market