USDC's recent surge challenges Tether's dominance, marking a potential shift in stablecoin leadership. According to a Coinbase report, USDC's supply increased by 14.3% since December 1, reaching a $28 billion market cap and outperforming USDT's 8.7% growth. With USDT holding a 71% market share, USDC's rise, fueled by re-listing on Binance and incentives, signals its growing popularity. Meanwhile, Circle's strategic move to end USDC support on Tron reflects its commitment to maintaining a trusted and transparent digital dollar.
