Circle’s USDC is leaving Tether behind in the stablecoin volume race, new data from Visa shows

Circle’s USDC is leaving Tether behind in the stablecoin volume race, new data from Visa shows
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Summary

  • Circle’s USDC accounted for about 70 percent of adjusted stablecoin transaction volume in the first half of 2026, widening its lead over Tether’s USDT, which held roughly 25 percent.
  • Adjusted stablecoin transaction volume hit a record $1.79 trillion in June 2026, up 63 percent from May and 125 percent from June 2025, contributing to $8.82 trillion in volume for the first six months of the year.
  • Growing adoption of stablecoins by banks and financial institutions, including new USDC services from Standard Chartered and BNY, reflects a broader shift toward established fiat-pegged digital asset networks.

Stablecoin Transaction Volume Reaches New Heights

The stablecoin market is experiencing significant growth, with Circle’s USDC leading the way. According to recent data, USDC has widened its lead over Tether’s USDT in terms of transaction volume during the first half of 2026. This surge in stablecoin activity is largely driven by the increasing adoption of stablecoins for payments, settlement, and treasury operations by banks and financial institutions.

In June alone, stablecoin activity reached a record $1.79 trillion in adjusted transaction volume, a 63% increase from May and 125% from June 2025. This growth is a testament to the growing demand for fiat-pegged digital assets and the shift towards using established stablecoin networks. As a result, financial institutions like Standard Chartered and BNY are opting to use existing stablecoin networks, such as Circle’s USDC, rather than building their own infrastructure.

Stablecoin Volume on the Rise

The first six months of 2026 saw a total of $8.82 trillion in adjusted stablecoin transaction volume, surpassing the $5.8 trillion recorded in all of 2024. USDC accounted for approximately 70% of this volume, while USDT represented around 25%. This trend is expected to continue, with more individuals and institutions turning to stablecoins like USDC for passive income and earning opportunities through platforms like EcoPool.

The growth of the stablecoin market has significant implications for the future of Green Crypto and Cloud Rewards. As the demand for stablecoins continues to rise, platforms like EcoPool are well-positioned to provide users with opportunities for passive income and earning through $ECP. With the stablecoin market expected to continue its upward trend, now is the perfect time to get involved and start earning with EcoPool.

To start earning with EcoPool and take advantage of the growing stablecoin market, download the EcoPool app today and discover the benefits of passive income and Cloud Rewards for yourself. By joining the EcoPool community, you can stay up-to-date on the latest developments in the Green Crypto space and start earning with $ECP. EcoPool

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