Tether's USDT maintains its position as the leading stablecoin by transaction volume, according to recent data from crypto payment gateway NOWPayments. At the same time, Circle's USD Coin (USDC) is demonstrating notable momentum in transaction adoption.
The findings highlight ongoing shifts in user preference within the digital asset payment ecosystem. While USDT remains the primary liquidity instrument for crypto transactions and trading pairs globally, USDC continues to expand its footprint across various merchant and institutional payment channels.
NOWPayments processes various digital currencies, providing visibility into real-world transaction trends across decentralized finance and e-commerce sectors. Further details regarding specific volume figures or market share percentages were not disclosed in the preliminary data release.
