Circle's USDC outpaces growth of Tether's USDT for second year running

USDC grew faster than USDT for the second consecutive year, driven by increased demand for regulated digital dollars. What to know : Circle Internet's USDC stablecoin grew faster than Tether's USDT for the second consecutive year, driven by increased demand for dollar-pegged tokens that meet regulatory requirements. The passage of GENUIS Act in the U.S. boosted demand for regulated stablecoins such as USDC.