Bitcoin24h $108,930.20+0.49%

Ethereum24h $2,643.39+3.10%

XRP24h $2.37+4.08%

BNB24h $661.75+0.51%

Solana24h $153.87+2.05%

TRON24h $0.2879+0.56%

Dogecoin24h $0.1723+2.08%

Cardano24h $0.6060+4.52%

Hyperliquid24h $39.09+3.77%

Sui24h $2.94+1.96%

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.

Circle and Coinbase — a story of two public offerings

Circle’s rise after its IPO on its first day of trading is a contrast to Coinbase, which fell on its first day of trading.

Circle and Tether, the two largest stablecoins, have adopted different tactics when it comes to the management of their reserves.

Crypto exchanges report around $55M in RLUSD volume over the last 24 hours — 99.4% less than Circle’s $9.8B for its much larger USDC.

Circle has filed to go public and admits that it is 98% less profitable than Tether despite sharing a similar business model.