USDT dominates real-world commerce: processed $95 billion in payment settlements (compared to USDC's $14 billion), and controls 92% of the $48 billion B2B market.


USDC dominates DeFi: leads in on-chain liquidity, with $2.6 trillion in transfer volume on Base and $1.6 trillion on Ethereum.
Retail and remittances rely on Tether, while smart contracts run on USDC.
$CRCL has a very deep moat.
ETH-2.69%
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