#crypto

🚀 Tether’s $USDT Overtakes $USDC on BitPay in 2025! 💸

Big shift in the stablecoin world! 📉 USDC, once dominating BitPay with an 85% transaction share in Jan 2024, dropped to 56% by May 2025, while Tether’s USDT surged from 13% to 43%. 📈 USDT also took the lead in payment volume, hitting over 70% of BitPay’s stablecoin transactions since March 2025.

Despite Circle’s regulatory wins with MiCA and a $1.05B public launch, Tether’s USDT is gaining ground, even without complying with MiCA or going public. Meanwhile, USDC’s market cap grew 88% to $61.7B, outpacing USDT’s 40% rise to $158.3B. 📊

What’s driving the swing to USDT? 🤔