$USDC

While Tether (USDT) still dominates global stablecoin volume, especially in Asia and emerging markets, #USDC has built a stronger base among U.S. institutions and regulators. Tether has faced criticism for its lack of transparency and offshore operations, whereas Circle continues to push for a U.S. federal framework to govern stablecoin issuance.

This difference has made USDC the preferred choice for firms operating in regulated environments and those concerned with compliance risk.