Tether's USDT Gains Ground on USDC in BitPay Transactions, Signaling Shifting Stablecoin Dominance

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Tether's USDT has significantly narrowed the lead of Circle's USDC in BitPay transactions throughout 2025, signaling a notable shift in stablecoin dominance. While USDC maintained a strong presence in 2024, USDT's transaction share and volume have surged, challenging USDC's long-held position on the payment platform.

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