USDC Market Share Soars as USDT Volumes Plunge Amid Volatility

USDC is experiencing a surge in trading volume, doubling its activity since January 2025, fueled by the shift of traders seeking stable liquidity options amid Bitcoin’s price volatility. The move comes as USDT volumes have halved since November 2024, with traders favoring USDC for hedging against market fluctuations. This trend coincides with Circle’s partnership with Binance to expand USDC’s use across global platforms and aligns with the EU’s MiCA framework’s stricter transparency requirements for stablecoins. While Tether faces pressure to adapt due to the new regulations, USDC’s compliance offers a competitive advantage. The rise of USDC presents both opportunities and challenges as it shifts market dynamics in favor of stablecoin adoption.