I'm referring to the comparison between Tether and USDC. Recently Tether has been flat and USDC is growing. Tether is obviously still #1 and not something I would hold as it does appear shady.

https://www.coindesk.com/whats-going-on-with-tether

https://voxeu.org/article/stable-coins-dont-inflate-crypto-m...

https://www.sciencedirect.com/science/article/abs/pii/S01651...