Circle’s USDC Outpaces Tether’s USDT Growth for Second Consecutive Year

Data from NADA NEWS shows USD Coin maintained a higher growth rate than Tether for two years running.

USDT
USDC

Summary

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Terms & Concepts
  • USDC (USD Coin): A U.S. dollar-pegged stablecoin issued by Circle, used for digital transactions and trading.
  • USDT (Tether): A widely used stablecoin pegged to the U.S. dollar, issued by Tether, designed to maintain a stable value.
  • Stablecoin: A cryptocurrency designed to maintain a stable value by pegging to a reserve asset like the U.S. dollar.