Tether vs. Circle: The battle for stablecoin dominance
USDT and USDC are still competing for dominance of the USD stablecoin market, both showing a willingness to get close to Trump.
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Could a Tether collapse destabilize the US Treasury market?
Bank of International Settlements researchers have quantified a few basis points of measurable impact from stablecoins on US Treasuries.
Stablecoins boom in 2025 — USDT, USDC and USD1 dominate
2025 has been a great year for stablecoins; we're seeing new regulatory frameworks, and the president of the United States has launched one.
Circle grows faster than Tether this year
Circle's USDC has made substantial gains in 2025 across several metrics against its main stablecoin competitor, Tether's USDT.
ANALYSIS: Does the Circle IPO value Tether at $316B?
Circle’s upcoming IPO will provide a unique opportunity to value the world’s largest stablecoin issuer, Tether.
Circle vs. Tether: What’s in the reserves?
Circle and Tether, the two largest stablecoins, have adopted different tactics when it comes to the management of their reserves.
Why is Tether 213% bigger than Circle but 8,000% more profitable?
Circle has filed to go public and admits that it is 98% less profitable than Tether despite sharing a similar business model.
US-based stablecoins suffered in 2023 as key players battle it out
At the end of 2023, algorithmic stablecoins are out, US-based stablecoins are shrinking, and international ones like Tether are exploding.
The beef between Circle and Tether
Circle and Tether executives have engaged in a series of increasingly public spats as the firms vie for control of the stablecoin market.