Dune Data Shows USDT Dominates Payments, USDC Leads DeFi Track

Blockonomics
Bybit



Stablecoin competition is increasingly giving way to specialization. Data from Dune’s Digital Asset Brief suggests Tether’s USDt (USDT) and Circle’s USDC are fulfilling different jobs across the crypto economy—less “winner-takes-all,” more complementary roles feeding payments on one side and…



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