Try Quests to earn cryptoAlgorand Stablecoin Popularity USDC vs USDT
Question 17: Now that xBacked(a decentralized stablecoin: https://www.xbacked.io/) is in testnet, let’s take a look at two of the biggest stable coins on Algorand: USDC and USDT. What’s the number of people who currently hold USDC vs USDT (Tip: Use the Account asset table) Create a time series chart counting the number of transactions a day for each stablecoin(Tip: Use the asset_transfer_transaction table) Create 1 chart for each stablecoin visualizing the current distribution of holders. 3a. Does one have a better distribution than the other? If so, explain why. Tip: USDC’s asset ID is 31566704 USDT’s asset ID is 312769