From Yahoo Finance: 2025-03-26 21:05:00

Circle’s USDC stablecoin hits $60 billion market cap, growing to 25.4% market share in 3 months. $16.5 billion USDC minted vs. $4.7 billion USDT. Tether still leads with $144 billion market cap.

USDC’s growth tied to regulatory compliance in Europe, with MiCA regulations impacting Tether. Circle first to comply, Tether delisted from EU exchanges. Some incentivizing USDT to USDC transition.

Circle secures Japan approval, partners with SBI Holdings for USDC listing. Solana boosts USDC adoption with $10 billion on network. USDC outpaces USDT growth by $16.3 billion vs. $4.4 billion.

Stablecoin transactions surpass Visa, Mastercard combined by 8% in 2024. Total supply exceeds $200 billion, 59% growth year-over-year. U.S. lawmakers eye GENIUS Act for stablecoin regulation.

New stablecoins enter market: PayPal’s PYUSD, Ripple’s RLUSD, World Liberty Financial Inc.’s USD1. Binance’s CZ sees more stablecoins as increasing liquidity and investor demand. Tether in talks with Big Four for independent audit.

Read more: USDC Reaches $60 Billion Market Cap as Global Adoption Grows, Outpacing Tether