USDT Losing Ground: USDC Gains Momentum as Stablecoin Market Dynamics Shift

Amid several high-profile collapses and de-pegging events, stablecoins continue to gain traction, reflecting the ever-growing demand for digital currencies. The stablecoin market remains concentrated, with Tether’s USDT leading, though its dominance has been waning over the past couple of years. Recent data from Kaiko provides insight into the shifting dynamics of the stablecoin market, highlighting