Since the beginning of the year, the capitalization of USDC has increased by more than 20%. Competing with the more widespread stablecoin USDT amid a large number of other stablecoins is not so easy. However, news is spreading on social media that USDT is feeling pressure from various institutions and entities. Clients of TrustreePlus are complaining about payment issues with their cards when converting USDT. It should also be noted that the advertising and promotion of Trump's stablecoin USD1 is also significantly hindering USDC's dominance in the market.