USDC overtakes USDT in adjusted year-to-date volume: Mizuho

Circle’s USDC stablecoin has surpassed Tether’s USDT in adjusted year-to-date trading volume, according to analysis from Mizuho. Analysts at the investment firm noted that the outcome is significant because the stablecoin that gains dominance in everyday transactions may establish long-term market leadership. Both USDC and USDT maintain stability near $1, with their competitive positioning centered on adoption and transaction volume rather than price movement.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts