USDC Overtakes USDT in Transaction Volume Since 2019 Milestone

USDC overtakes USDT in adjusted volume YTD on compliance

According to flow data, USDC vs USDT shows USDC leading in adjusted transfer volume YTD as institutions favor transparency and MiCA, shaping payments and DeFi

USDC Overtakes USDT in Stablecoin Volume After Six Years

A major shift has happened in the stablecoin market. New data shows that USD Coin (USDC) has passed Tether (USDT) in transaction volume this year. It is the first time this has happened since 2019. According to a report from Japanese investment bank Mizuho. USDC processed about $2.2 trillion in transactions so far.  During the same time, USDT recorded about $1.3 trillion in volume. For years, USDT has dominated the crypto markets as the most wid…

USDC Overtakes USDT in Transaction Volume Since 2019 Milestone

TLDR USDC commands 64% of adjusted transaction volume market share, surpassing USDT in year-to-date metrics per Mizuho analysis First instance of USDC volume leadership since 2019 USDT maintains market capitalization dominance with $184 billion versus USDC’s $79 billion Mizuho elevates Circle stock price target from $100 to $120 According to Mizuho analysts, transaction volume rather than market cap will determine the ultimate stablecoin leader…

STABLECOINS | A ‘Big Three’ Investment Bank in Japan Bets on USDC as it Overtakes USDT in Transaction Volume

Japanese investment bank, Mizuho, has raised its price target for shares of Circle Internet Group after data showed the company’s stablecoin, USDC, overtaking Tether’s USDT in adjusted transaction volume so far in 2026. MILESTONE | Stablecoin Volume Hits a Record High in February 2026 as USDC Flips USDT Mizuho Bank is one of Japan’s ‘megabanks’ and a top-tier global financial institution, with parent company, Mizuho Financial Group, holding appr…

Circle‘s USDC overtook Tether‘s USDT in adjusted YTD volume: Mizuho

Analysts at the investment company said the change was significant because the stablecoin “winner” will be the one people use for everyday …

Adjusted Stablecoin Volume Shows USDC Outpacing USDT in 2026, Mizuho Raises Circle Price Target

Circle’s USDC has overtaken Tether’s USDT in adjusted stablecoin transaction volume for the first time since 2019, signaling a notable shift in how digital dollars are actually being used across crypto markets. A March 13 research note from Mizuho Securities analysts Dan Dolev and Alexander Jenkins found that USDC has processed about $2.2 trillion in […]