📊🪙 Tether (USDT) is losing ground in the stablecoin market, reducing its share to 59.19% — the lowest since March 2023. 🥈 USDC has captured nearly 25% of the market, increasing its share by more than 18% since the beginning of the year**. 🥉 USDe from Ethena, launched in December 2024, already has 4.34%. 🔴 In Europe, Tether refused to comply with the MiCA law, leading to the delisting of USDT on major exchanges such as Coinbase and Kraken. In the US, Tether's leadership is threatened by the GENIUS law, which demands greater transparency from stablecoin issuers.
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📊🪙 Tether (USDT) is losing ground in the stablecoin market, reducing its share to 59.19% — the lowest since March 2023.
🥈 USDC has captured nearly 25% of the market, increasing its share by more than 18% since the beginning of the year**.
🥉 USDe from Ethena, launched in December 2024, already has 4.34%.
🔴 In Europe, Tether refused to comply with the MiCA law, leading to the delisting of USDT on major exchanges such as Coinbase and Kraken.
In the US, Tether's leadership is threatened by the GENIUS law, which demands greater transparency from stablecoin issuers.