PANews reported on October 31st, citing The Block, that JPMorgan analysts stated that Circle's stablecoin USDC has surpassed Tether's USDT in on-chain activity and market capitalization growth, driven by a clearer regulatory framework and increased institutional adoption. USDC's market capitalization has risen from approximately $43 billion in January to approximately $74 billion today, an increase of 72%, far exceeding USDT's 32% growth rate during the same period. This reflects a market shift towards stablecoins that prioritize transparency. USDC's transparent reserve management and regular audits have earned it institutional trust, and its adherence to frameworks such as the Crypto Asset Markets Regulation (MiCA) has made it a preferred stablecoin for financial institutions. The MiCA regulations, which will take effect in July 2024, have accelerated the divergence in the velocity of circulation between the two stablecoins. USDC's velocity of circulation and on-chain activity have increased, further boosted by the Genius Act. USDT, lacking MiCA authorization, has been delisted, while USDC's growth is driven by its increased integration with payment networks, its presence on chains like Solana, and cross-chain transfer protocols. The emerging competition is likely to be a zero-sum game; unless the entire crypto market expands significantly, US stablecoin issuers will primarily be vying for market share.PANews reported on October 31st, citing The Block, that JPMorgan analysts stated that Circle's stablecoin USDC has surpassed Tether's USDT in on-chain activity and market capitalization growth, driven by a clearer regulatory framework and increased institutional adoption. USDC's market capitalization has risen from approximately $43 billion in January to approximately $74 billion today, an increase of 72%, far exceeding USDT's 32% growth rate during the same period. This reflects a market shift towards stablecoins that prioritize transparency. USDC's transparent reserve management and regular audits have earned it institutional trust, and its adherence to frameworks such as the Crypto Asset Markets Regulation (MiCA) has made it a preferred stablecoin for financial institutions. The MiCA regulations, which will take effect in July 2024, have accelerated the divergence in the velocity of circulation between the two stablecoins. USDC's velocity of circulation and on-chain activity have increased, further boosted by the Genius Act. USDT, lacking MiCA authorization, has been delisted, while USDC's growth is driven by its increased integration with payment networks, its presence on chains like Solana, and cross-chain transfer protocols. The emerging competition is likely to be a zero-sum game; unless the entire crypto market expands significantly, US stablecoin issuers will primarily be vying for market share.
JPMorgan Chase: USDC outperforms USDT in on-chain activity and market capitalization growth.
PANews reported on October 31st, citing The Block, that JPMorgan analysts stated that Circle's stablecoin USDC has surpassed Tether's USDT in on-chain activity and market capitalization growth, driven by a clearer regulatory framework and increased institutional adoption. USDC's market capitalization has risen from approximately $43 billion in January to approximately $74 billion today, an increase of 72%, far exceeding USDT's 32% growth rate during the same period. This reflects a market shift towards stablecoins that prioritize transparency. USDC's transparent reserve management and regular audits have earned it institutional trust, and its adherence to frameworks such as the Crypto Asset Markets Regulation (MiCA) has made it a preferred stablecoin for financial institutions. The MiCA regulations, which will take effect in July 2024, have accelerated the divergence in the velocity of circulation between the two stablecoins. USDC's velocity of circulation and on-chain activity have increased, further boosted by the Genius Act. USDT, lacking MiCA authorization, has been delisted, while USDC's growth is driven by its increased integration with payment networks, its presence on chains like Solana, and cross-chain transfer protocols. The emerging competition is likely to be a zero-sum game; unless the entire crypto market expands significantly, US stablecoin issuers will primarily be vying for market share.
Market Opportunity
USDCoin Price(USDC)
$1.0004
$1.0004$1.0004
USD
USDCoin (USDC) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Husky Inu (HINU) Completes Move To $0.00020688
Husky Inu (HINU) has completed its latest price jump, rising from $0.00020628 to $0.00020688. The price jump is part of the project’s pre-launch phase, which began on April 1, 2025.
Share
Cryptodaily2025/09/18 01:10
Mind Reading: Tay And Taylor Lautner Are Growing Their Mental Health Platform
The post Mind Reading: Tay And Taylor Lautner Are Growing Their Mental Health Platform appeared on BitcoinEthereumNews.com. The Lautners on the set of their podcast The Squeeze Chanelle Whitacre When life gave them lemons, Tay and Taylor Lautner decided to double down on mental health aid. The couple—one who’s spent the lion’s share of his life in the celebrity spotlight and the other who was working as a hospital nurse at the outset of Covid—realized their shared passion for destigmatizing and supporting mental health during the pandemic through their own personal experiences. “Obviously Taylor has been in the spotlight for a very long time and Covid was the time for him to sit and think. And we both kindof were dealing with our mental health at the same time, even though at completely different ends of the spectrum. I think it’s really cool that we got to do it together because we’ve really learned how to rely on the other,” Tay Lautner says. “I went through a few months of just becoming kindof a shell of a human and not realizing it because there’s no time to think about yourself when there are people who are dying. It didn’t really hit me until one day Taylor pointed it out to me. He was like, ‘Hey, are you OK?’ And I was like, ‘Yeah, you know, I just worked three nights in a row and I’m tired but I’m fine.’ And he said, ‘No, are you really doing OK though?’ That was the first time I had ever been asked that or ever really thought about checking in with myself.” After a difficult decision to leave her position when round-the-clock immersion in crisis and a bout with Covid took a significant toll on her mental health, Lautner says she knew she’d found a new calling. The result? Her founding of The Lemons Foundation, the pair launching a podcast…
Share
BitcoinEthereumNews2025/09/20 07:49
Brazil Integrates Crypto Into Formal Finance With Comprehensive Licensing Framework
Brazil has taken a decisive step toward mainstream crypto adoption by introducing comprehensive licensing requirements for crypto service providers and bringing stablecoin flows under foreign exchange (FX) regulation. The move marks a structural shift: crypto in Brazil is no longer treated as an alternative asset class, but as regulated financial infrastructure.
Share
MEXC NEWS2025/12/25 17:02