Tether’s USDT generates $19.6B in yield, outpacing Circle’s USDC
Since May 2021, Tether has generated roughly $19.6 billion in yield from assets backing USDT, compared with Circle’s $7.4 billion from USDC since July 2022, according to DeFiLlama data.
Since May 2021, Tether has generated roughly $19.6 billion in yield from assets backing USDT, compared with Circle’s $7.4 billion from USDC since July 2022, according to DeFiLlama data.