Stablecoin Showdown: Tether’s Liquidity Dominance vs. USDC’s Stability
Tether (USDT) and USD Coin (USDC) collectively command 90% of the $250 billion stablecoin market, presenting investors with a critical choice between liquidity and reliability. Tether's unparalleled $100 billion daily trading volume dwarfs USDC's $13 billion, offering minimal slippage for active traders. Yet for long-term holders, both maintain their $1 peg—rendering intraday fluctuations irrelevant.
The divergence lies in use cases: Tether thrives as the market's liquidity backbone, particularly for altcoin trading and smaller exchanges. USDC's lower volume belies its reputation for transparency and institutional adoption. Neither asset appears in the listed coins, but their dominance underscores stablecoins' pivotal role as crypto's dollar proxy.