USDC and USDT
Circle’s USDC has surpassed Tether’s USDT in onchain activity, a shift attributed to increasing regulatory pressures according to JPMorgan. The growing regulatory landscape is influencing the dynamics in the stablecoin market. As regulations evolve, the preference for USDC appears to be increasing among users and investors. This trend reflects a changing sentiment in the sector, where compliance and transparency are becoming increasingly important. The shift highlights how regulations are reshaping users’ choices in the cryptocurrency space.
