Успех USDC: дефицит USDT на фоне активного использования в DeFi Translation: USDCs Success: USDT Falls Short Amidst Active Use in DeFi

The amount of value transferred through the USDC stablecoin from Circle over the past year surpassed that of Tether’s USDT. The respective figures for the first «stablecoin» stand at $17.3 trillion, while the second is at $12.9 trillion, according to data from the analytics platform Artemis.

However, in terms of market capitalization, USDT still leads with a valuation of $186 billion, compared to USDC’s current figure of $74.9 billion.

USDC continues to be the preferred choice on DeFi platforms, «where lending and trading occur automatically,» noted Anthony Yim, co-founder of Artemis. He mentioned that the competing USDT is primarily used «for everyday transactions, business operations, or as a store of value.»

The total volume of transactions involving «stablecoins» increased by 72% in 2025, reaching $33 trillion.

In the fourth quarter of last year, the turnover in the sector hit a record $11 trillion, compared to $8.8 trillion in the previous period.

Analysts from Bloomberg Intelligence predict that the total volume of the stablecoin segment could reach $56 trillion by 2030.

In December, the CFTC launched a pilot program allowing the use of digital assets as collateral in derivatives markets under the GENIUS Act. Initially, Bitcoin, Ethereum, and USDC were approved as acceptable collateral assets.

Additionally, in December, Visa initiated USDC settlements for banks in the United States.