The stablecoin market has grown to about $300 billion, with Tether (USDT) and USD Coin (USDC) strengthening their dominance. USDT leads with a market cap of around $186 billion, and USDC follows with about $70 billion, while other stablecoins remain much smaller. The competition is shifting from token issuance to securing broad adoption and deep liquidity, which creates a reinforcing network effect. Despite new entrants from banks and fintechs, USDT and USDC's extensive integration and liquidity make them difficult to unseat in the near term, though future challengers could emerge if they achieve similar scale and usage.
In 2026, USDC surpassed USDT in adjusted stablecoin transaction volume, handling about 70% of real economic activity despite USDT maintaining a larger market cap. This shift reflects a bifurcation in the stablecoin market: USDC dominates institutiona...
Tether is set to launch USDT as a native asset on Bitcoin using the RGB protocol within weeks, restoring the stablecoin to its original blockchain since its 2014 Omni Layer debut. This integration with Bitcoin's UTXO model and Lightning Network will ...
Tether is reissuing its USDT stablecoin natively on Bitcoin using the RGB protocol, marking a return to its original blockchain since its 2014 launch. This move, led by UTEXO which received $7.5 million in seed funding mainly from Tether, introduces ...
Circle's USDC stablecoin led the stablecoin market in the first half of 2026, accounting for about 70% of adjusted transaction volume, far ahead of Tether's USDT at 25%. In June 2026, stablecoin transaction volume reached a record $1.79 trillion, a 6...
The UK government plans to limit overseas political donations to £100,000 annually, impacting Reform UK, which relies heavily on donations from Christopher Harborne, a British-Thai billionaire with a 12% stake in Tether. Harborne has donated over £22...
