USDT vs. USDC: A Stablecoin Power Split

[bonk]

The stablecoin market is increasingly defined by two dominant players serving different roles. USDT continues to lead centralized finance (CeFi), widely used for everyday payments, business transactions, and savings. Meanwhile, USDC has become the preferred stablecoin across decentralized finance platforms.

While overall stablecoin flows rose 81% year-on-year in 2025, decentralized platform volume declined as usage surged in emerging markets. Despite this shift, USDC recorded higher total transaction volume at $18.3 trillion versus USDT’s $13.3 trillion. Still, USDT maintains a commanding lead in market capitalization, highlighting a clear split between usage patterns and market valuation.

[cryptobro]

funny how usage and market cap tell totally different stories for stables