Despite dominating stablecoin inflows for years, Tether’s USDt and Circle’s USDC have begun to lose market share gradually. This shift signals the potential end of the long-standing “stablecoin duopoly” in the crypto market.
As newer alternatives emerge and gain traction, the stablecoin landscape is evolving. Investors and users are exploring a broader range of options beyond the traditional leaders, indicating a diversification within the stablecoin ecosystem.
This trend highlights changing dynamics in the market, suggesting increased competition and innovation among stablecoin offerings moving forward.
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