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USDC Outflows Surpass $10B as Tether’s Stablecoin Dominance Reaches 22-Month High

Rival stablecoin tether (USDT) has reached its largest market share since May 2021 and now represents 60% of all stablecoins in circulation.

Updated Mar 30, 2023, 7:55 p.m. Published Mar 29, 2023, 9:44 p.m.
Jeremy Allaire, chairman and CEO, Circle (CoinDesk)
Jeremy Allaire, chairman and CEO, Circle (CoinDesk)