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USDC Overtakes USDT in Transaction Volume

Published 2 weeks, 5 days ago
Description

USDC surpasses USDT in transaction volume, marking a significant shift in the stablecoin market. Mizuho reports USDC at sixty-four percent market share, challenging USDTs long-standing lead. Analysts emphasize transaction volume as the crucial factor, indicating USDCs potential for everyday payments and trades. In Washington, stablecoin yields debate hinders crypto legislation progress, with the CLARITY Act stalled in the Senate due to ethics concerns. Senate Majority Leader John Thune announced a focus on voting rights bill, delaying market structure vote until April.

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