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    USDC Surpasses USDT in Year-to-Date Transaction Volume for First Time Since 2019

    Section editor: ·Low3 articles covering this·3 news sources·Updated 2 months ago·Americas
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    Here's what it means for you.

    The shift in stablecoin dominance signals a growing preference for regulated digital assets, impacting investment strategies and payment solutions.

    What happened

    On March 13, 2026, Circle's USDC stablecoin surpassed Tether's USDT in adjusted transaction volume for the first time since 2019.

    The Context

    • Market Shift: USDC captured 64% of the adjusted stablecoin market share with $2.2 trillion in volume, compared to USDT's $1.3 trillion.
    • Analyst Insights: Mizuho Securities raised Circle's price target from $100 to $120, reflecting confidence in USDC's increasing use in DeFi and payments.
    • Regulatory Favor: The rise of USDC aligns with regulatory trends favoring transparent stablecoins, enhancing their appeal in global markets.

    The Number

    $2.2 trillion

    — USDC's adjusted transaction volume year-to-date 2026, highlighting a significant shift in stablecoin dynamics that could influence your investment decisions.

    Takeaway

    Expect continued growth in USDC's adoption as the landscape for digital currencies evolves, potentially reshaping payment systems and investment opportunities.

    3 Articles
    Bitcoin.com

    Adjusted Stablecoin Volume Shows USDC Outpacing USDT in 2026, Mizuho Raises Circle Price Target

    Circle's USDC stablecoin has surpassed Tether's USDT in adjusted transaction volume for 2026, prompting Mizuho Securities to raise its price target for Circle, reflecting a significant shift in stablecoin market dynamics.

    2 months ago
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    Cointelegraph

    Circle’s USDC overtook Tether’s USDT in adjusted YTD volume: Mizuho

    Circle's USDC stablecoin has overtaken Tether's USDT in adjusted year-to-date transaction volume, marking a significant shift in the stablecoin market dynamics as reported by Mizuho analysts. This change indicates a growing preference for USDC in eve...

    2 months ago
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    CoinDesk

    Circle's USDC volumes top Tether's USDT for first time since 2019, prompting sell-side price target hike

    Circle's USDC stablecoin has surpassed Tether's USDT in transaction volume for the first time since 2019, prompting Japanese investment bank Mizuho to raise its price target for Circle to $120, while maintaining a neutral rating.

    2 months ago
    Read Full Article