No Summary provided as the original text is short
- USDT (Tether): A major stablecoin pegged to the US dollar, widely used for trading and payments on blockchain networks.
- USDC (USD Coin): A regulated US dollar-backed stablecoin issued by Circle, commonly used in crypto transactions and DeFi applications.
- On-chain value: The total monetary value of cryptocurrency transactions recorded directly on a blockchain network, excluding off-chain or custodial transfers.