Circle's USDC Outpaces Tether's USDT for Second Year Running

2026-01-06 16:01:38

Source: CryptoNewsNet Original Title: Circle’s USDC outpaces growth of Tether’s USDT for second year running Original Link: Circle Internet’s (CRCL) dollar-pegged stablecoin, USDC, grew faster than larger rival Tether’s USDT for the second straight year in 2025, fueled by rising demand for regulated, blockchain-based dollars as the U.S. government warmed to digital assets.

USDC’s market capitalization increased 73% to $75.12 billion while USDT added 36% to $186.6 billion, according to CoinDesk data. In 2024, USDC grew by 77% compared with USDT’s 50%.

Circle Internet, based in New York, was founded in 2013 by Jeremy Allaire and Sean Neville and went public on New York Stock Exchange (NYSE) in last June. USDC is backed by cash and short-term U.S. Treasuries held at regulated institutions.

In the U.S., Circle holds money transmission licenses in various states and territories, as well as a virtual currency license in the State of New York. In Europe, it complies with the MiCA framework post-2024 and operates under e-money licenses in key jurisdictions.

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