Data: USDC leads USDT in stablecoin trading volume competition, with monthly trading volume hitting a new high

Odaily Planet Daily News According to statistics from Visa's on-chain data platform, USDC has expanded its lead over USDT in stablecoin trading volume in the first half of 2026. Data shows that the adjusted trading volume of stablecoins in June rose to $1.79 trillion, an increase of 63% from May and 125% from June 2025, hitting an all-time high. Visa's statistics have excluded non-genuine economic activities such as bot trading and internal exchange transfers.

The total stablecoin trading volume in the first half of the year reached $8.82 trillion, already surpassing the full-year 2024 level of $5.8 trillion, but still below the record $10.8 trillion set in 2025.

Structurally, USDC accounted for approximately 70% of the market in the first half of 2026, while USDT was around 25%, indicating a significant shift in market share towards compliant stablecoins.

Analysts point out that as banks and institutions gradually adopt stablecoins for settlement and fund management, including institutions like Standard Chartered and BNY Mellon accelerating their integration into the USDC ecosystem, the stablecoin infrastructure is entering an institutional expansion phase. (CoinDesk)