Digital dollar power balance cracks as Circle’s growth spurt closes in on Tether’s dominance

A quiet shift is underway in the stablecoin hierarchy. While Tether’s USDT still dominates the digital dollar market, the gap between the two largest issuers is narrowing as USDC steadily expands its footprint and Tether’s growth shows signs of softening. Additionally, USDC is gaining ground in the places where the next wave of crypto money is likely to show up most clearly: regulated payments, institutional settleme…