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💰📈 USDC surpasses USDT in volume — the great stablecoin war begins
🔹 Circle's USDC now accounts for ~70% of adjusted on-chain transaction volume versus 30% for Tether — for the first time since 2019
🔹 USDC processed $18.3 trillion in transfers in 2025 versus $13.2 trillion for USDT — the volume gap widens by 39%
🔹 Total stablecoin market reaches $320 billion in supply, $28 trillion+ in quarterly volume — 75% of all crypto trading
🔹 USDT still leads in supply ($185 billion vs $79 billion), but institutions choose USDC's regulated rails
The regulated stablecoin thesis wins where it matters most: real economic flows.
$USDC $USDT $USD1