USDC accounted for roughly $3.6T of the $5.2T transferred on-chain in July, versus $1.4T for USDT, despite USDT recording more transactions.
The split may reflect USDC’s stronger position in institutional and payment settlement, supported by its MiCA authorization in the EU and integrations with Visa and Mastercard.
The split may reflect USDC’s stronger position in institutional and payment settlement, supported by its MiCA authorization in the EU and integrations with Visa and Mastercard.