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Visa Data Shows Circle’s USDC Outpacing Tether in Volume Thumbnail
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Visa Data Shows Circle's USDC Outpacing Tether in Volume

High Conviction

Circle's USDC appears to be pulling ahead of Tether's USDT in stablecoin transaction volume, based on data tracked through Visa's on-chain analytics dashboard, signaling a potential shift in how the two dominant stablecoins are used for payments and settlements.

Thiago Alvarez3 min readJul 6, 2026
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