Circle’s USDC dominates stablecoin transactions, overtakes Tether (USDT)

Visa Inc. data shows Circle’s USD Coin outperformed the bellwether Tether (USDT) in transaction volume so far in 2024.  Recent starts show that USDC’s market share has grown steadily since early January. The stablecoin saw $456 billion in transactions over the last week, eclipsing Tether’s $89 billion. Furthermore, USD Coin captured around 50% of all stablecoin transfers […]