USDC Overtakes USDT in Adjusted Transaction Volume Since 2019
The stablecoin market is witnessing a major shift as USDC surpasses USDT in adjusted transaction volume for the first time since 2019. Year-to-date, USDC has captured 64% market share, processing $2.2T in volume, while USDT follows with $1.3T. Despite this surge in activity, USDT still leads in market capitalization with $184B, compared to USDC’s $79.2B.
Market Overview
USDC is currently trading at $0.9998, posting a 0.63% daily gain with $9.47B in 24-hour volume, highlighting strong liquidity.
Data shows $467M in large taker buy volume versus $519M in maker sell volume, indicating balanced institutional participation. The stablecoin maintains a tight peg range, with support at $0.9995 and resistance at $1.0005.
Key Drivers
Adoption continues to expand as corporate payments and DeFi integrations grow. Analysts have raised Circle’s price target to $120, reflecting optimism around USDC’s increasing real-world utility.
Recently, Circle settled $68M across eight entities in just 30 minutes, replacing traditional bank transfers that typically take 1–3 days.
Regulatory momentum is also boosting confidence.
USDC has achieved MiCA compliance in Europe, using France as a regulatory hub, while the U.S. “Genius Act” provides clearer stablecoin guidelines. Meanwhile, Circle’s Q4 2025 on-chain volume reached $11.9T, marking 247% year-over-year growth.
Ecosystem Expansion
Native USDC is now live on Sei Network, with Yei Finance introducing advanced on-chain earning opportunities for holders.
Risk Warning
The Fear & Greed Index at 30 signals market fear, which could influence stablecoin demand during risk-off periods. Additionally, growing regulatory frameworks worldwide may create compliance challenges as the stablecoin sector evolves.
DYOR
#USDCTakesOff @USDC $USDC