Circle’s USDC just hit a major milestone—its trading volumes surpassed Tether’s USDT for the first time since 2019. This shift signals growing trust in USDC as a stablecoin, especially among institutional traders and DeFi users.
Why does this matter? USDC is seen as more transparent and regulated compared to USDT, which has faced scrutiny over its reserves. If this trend continues, it could push more liquidity into USDC-based markets, potentially impacting trading pairs and DeFi protocols.
For traders, this might mean tighter spreads and better execution on USDC pairs. Keep an eye on how this affects $USDT dominance and whether $USDC can maintain its momentum.
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