Report: Tether and Tron dominate the stablecoin payment market, while Circle is in catch-up mode

2025-05-29 22:11:08
Collection

ChainCatcher news, a report released by Artemis in collaboration with Dragonfly and Castle Island Ventures points out that in the stablecoin payment market, Tether (USDT) accounts for 90% of the trading volume, with Tron being the preferred settlement network, accounting for about 60%. By February 2025, the annualized scale of payment data will reach $72.3 billion. Although Circle's USDC is in a catch-up mode and is also eating into market share, it is far behind USDT in payment scenarios, which is particularly widely regarded as a dollar substitute in emerging markets such as Argentina and Brazil.

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
ChainCatcher Building the Web3 world with innovators