Stablecoin Rising: Supply Surges To $315B As Institutional Flows Lift USDC
Circle’s USDC added roughly $2 billion in supply during the first quarter of 2026, pulling ahead of rival Tether at a moment when the broader crypto market was contracting. It marked the sharpest divergence between the two largest stablecoin issuers since the bear market of mid-2022. Related Reading: Bitcoin Stumbles Hard: The Worst Q1 In Years Raises Big Questions USDC Gains As Tether Loses Ground While USDC grew, Tether’s USDT shed approximately $3 billion over the same period. Reports indicate USDC has been gaining traction in trading and on-chain transactions, with transfer....
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The Stablecoin market is once again proving to be one of the most important indicators for crypto recovery after one of the most violent crashes in recent history. On Friday, Bitcoin plunged to $103,000 within minutes, triggering a wave of panic across the market as overleveraged positions were wiped out and Altcoins lost more than 80% of their value in the same period. The sudden correction left investors questioning whether this marked the end of the bull phase or simply a reset before the next leg up. Related Reading: Bitmine Receives 23,823 Ethereum From BitGo As Institutional....
The growth of USDC in 2021 is more tremendous than that of Tether. The Ethereum-based USDC stablecoin is gaining immense traction as the experts deem it as the most dominant asset. In coming weeks it is very likely USDT’s share of the stablecoin supply on Ethereum will fall below 50% for the first time. USDC […]
Tether supplies on Ethereum are dwindling as USD Coin demand grows and grows. USDC has grown much faster than Tether (USDT) in 2021 and it is emerging as the dominant stablecoin on Ethereum thanks to its popularity in DeFi according to Messari.Research by the analytics firm revealed that the demand for USD Coin has grown so much that it has consumed a large chunk of Tether’s market share this year. Researcher Ryan Watkins predicted that in the coming weeks, this could result in Tether' share of the stablecoin supply on Ethereum falling below 50%. He added that over half of the total USDC....
Latest data from Glassnode suggests USDC may be becoming the crypto market’s preferred stablecoin over USDT. USDC’s Supply Surged Up Recently, While USDT’s Plunged Down As per the latest weekly report from Glassnode, USDT has observed a large amount of redemptions recently, taking its supply down. The relevant indicator here is the the “circulating supply,” […]
As of September 25, 2021, there’s $129.3 billion worth of stablecoin assets in existence which represents 6.54% of the crypto economy. The second-largest stablecoin by market valuation, USDC, has seen its capitalization increase a great deal, rising more than $10 billion in 125 days. Since May, USDC’s Market Cap Increased by 54% In recent times, Bitcoin.com News has reported on the growth of tether (USDT) as the market capitalization of USDT is near $70 billion today as the supply increased 1,500% in five years. Following that report, our newsdesk reported on the....