- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
USDC Trading Volume Doubles Amid Shifting Stablecoin Demand
By: ethnews|2025/05/08 04:15:02
0
Share
USDT volumes halved since November 2024 as traders shift to USDC amid Bitcoin’s price volatility.Bitcoin’s stalled rally below $90K drives risk-averse traders toward USDC for stable liquidity options.EU’s MiCA rules reward USDC compliance, pressuring USDT to adapt reserve disclosures or lose market share.Circle’s USDC stablecoin reached $219 billion in monthly trading volume by April 2025, doubling its activity since January. The increase coincides with a partnership between Circle and Binance, which expanded USDC’s use cases across the exchange’s global platforms. In today’s first Premium edition of our Data Debrief, we cover:USDC's growing market share on centralized exchanges—and what shifting stablecoin use cases mean for regulatorsCoinbase’s dominance in U.S. markets ahead of its Q1 earnings call Accelerating Bitcoin ETF... pic.twitter.com/ZujC3SLnsV— Kaiko (@KaikoData) May 5, 2025At the same time, competing stablecoin USDT saw its exchange volumes drop by roughly half over the same six-month period, according to data from analytics firm Kaiko.Source: TradingviewThe shift comes as Bitcoin’s price fluctuates below key thresholds of $90,000 and $95,000, levels it has struggled to maintain since late 2024. Traders appear to favor stablecoins like USDC during periods of uncertainty, using them to hedge against volatility or exit positions without converting to traditional currencies. This behavior contrasts with earlier cycles, where USDT often dominated trading pairs during market dips.Regulatory developments may also influence stablecoin preferences. The European Union’s MiCA framework, set to take effect in mid-2025, imposes stricter transparency requirements on issuers. Circle has positioned USDC as compliant with these rules, emphasizing monthly audits and reserve disclosures. Tether, which faced scrutiny in 2023 over its reserve composition, has not yet detailed adjustments to meet MiCA standards.While USDC’s growth reflects changing trader habits, its reliance on centralized exchanges like Binance introduces dependencies. ETHNews analysts note that USDC’s utility in decentralized finance (DeFi) protocols remains limited compared to USDT, which still dominates lending and borrowing markets. For now, USDC’s rise underscores a broader recalibration in crypto markets—one where regulatory alignment and institutional trust increasingly dictate which stablecoins survive.The post USDC Trading Volume Doubles Amid Shifting Stablecoin Demand appeared first on ETHNews.
You may also like
Who is the true winner of the "Tokenization" narrative?
Virtually everyone benefits, but the reason for the benefit, the timing, and the underlying logic are completely different.
Moss: The Era of AI-Traded by Anyone | Project Introduction
AI Trading Agent is rapidly growing its infrastructure.
Chip Smuggling Case Exposes Regulatory Loophole | Rewire News Evening Update
AI chips have become a strategic asset more sensitive than missiles
How a Structured AI Crypto Trading Bot Won at the WEEX Hackathon
Ritmex demonstrates how disciplined risk control and structured signals can make an AI crypto trading bot more stable and reliable on WEEX, highlighting the importance of combining execution discipline with scalable AI trading systems.
Old Indicator Fails, Three Major New Signals Emerge: BTC True Bottom May Still Be Below $60K
When the grocery shopping auntie on the subway, or Tony the hairdresser, start asking you about BTC, crypto, and cryptocurrency investments, selling immediately will be the only best option.
Meeting OpenClaw Founder at a Hackathon: What Else Can Lobsters Do?
Imperial College London MetaGame: AI Agent × Web3 Landing Three Major Directions.
Huang Renxun's Latest Podcast Transcript: NVIDIA's Future, Embodied Intelligence and Agent Development, Soaring Demand for Inferencing, and AI's PR Crisis
The future of competition is not only about whose model is bigger, whose computing power is stronger, but also about who understands the industry better, who can more deeply integrate AI into real processes, and who can organize these capabilities into a set of executable, scalable systems
How a Structured AI Crypto Trading Bot Won at the WEEX Hackathon
Crypto_Trade shows how structured inputs and controlled adaptability can build a more stable and reliable AI crypto trading bot within the WEEX AI Trading Hackathon, highlighting a practical path toward scalable AI trading systems.
AI Starts to Devour the Manufacturing Industry | Rewire News Morning Edition
When Bezos starts using AI to buy factories instead of building data centers, it shows that he believes the next wave of AI's value is not inside the box.
When Scaling Meets Speed, Ethereum Foundation Introduces "Hardness" to Safeguard the Base Layer
Hardness is a protocol-level commitment to Ethereum core properties, including censorship resistance, privacy, security, and permissionlessness.
Google, Circle, Stripe Flock Together to Let AI Spend Money: Payment Giants' Joys and Worries in 2026 Q1
The real enemy is no longer each other, but zero cost itself
$100 Billion Factory Purchase: Bezos and Middle Eastern Capital Shift AI Money from Cloud to Shop Floor
Bezos doesn't invest in a new model; he invests in a supply chain.
Xiaomi and MiniMax both unleash their ultimate moves, signaling the start of the Agent Pricing War.
No brand, no marketing, let developers vote with their feet in 8 days
Predicting markets has taken the spotlight, but the Perp DEX has been quietly waging war on traditional exchanges.
During a weekend of relentless volatility, while traditional financial markets were closed, another wave of investors was busy trading gold, oil, and silver on a blockchain platform.
Is the Market Slump Still Making Millions a Day? Is pump.fun's Revenue Real?
If it's really that profitable, what's keeping $PUMP's price down?
Understanding x402 and MPP in One Article: The Two Paths of Agent Payments
x402 for in-protocol payments, MPP for off-chain payments
Quick Look at the Latest 18 Graduation Projects from Alliance: Who's the Next Pump.fun?
The project's core innovation areas include stablecoin payments, AI applications, prediction markets, and RWA tokenization.
It's not just the prediction market that profits from the Iraq War
Always maintaining the ambiguity of regulation with "offshore" may be the consensus of the perp DEX.
Who is the true winner of the "Tokenization" narrative?
Virtually everyone benefits, but the reason for the benefit, the timing, and the underlying logic are completely different.
Moss: The Era of AI-Traded by Anyone | Project Introduction
AI Trading Agent is rapidly growing its infrastructure.
Chip Smuggling Case Exposes Regulatory Loophole | Rewire News Evening Update
AI chips have become a strategic asset more sensitive than missiles
How a Structured AI Crypto Trading Bot Won at the WEEX Hackathon
Ritmex demonstrates how disciplined risk control and structured signals can make an AI crypto trading bot more stable and reliable on WEEX, highlighting the importance of combining execution discipline with scalable AI trading systems.
Old Indicator Fails, Three Major New Signals Emerge: BTC True Bottom May Still Be Below $60K
When the grocery shopping auntie on the subway, or Tony the hairdresser, start asking you about BTC, crypto, and cryptocurrency investments, selling immediately will be the only best option.
Meeting OpenClaw Founder at a Hackathon: What Else Can Lobsters Do?
Imperial College London MetaGame: AI Agent × Web3 Landing Three Major Directions.
App