USDC Surpasses USDT in On-Chain Transactions as Regulatory Changes Reshape Stablecoin Market: JPMorgan Report

Circle's USD Coin (USDC) has overtaken Tether's USDT in on-chain transaction volume according to recent analysis from JPMorgan. The shift in stablecoin dominance comes as regulatory developments drive significant changes across cryptocurrency markets. Banking giant JPMorgan highlighted that increasing regulatory scrutiny and compliance requirements are prompting market participants to favor USDC over other stablecoins. This transition marks a notable development in the digital asset ecosystem, with USDC demonstrating growing adoption among institutional and retail users. The changing stablecoin landscape reflects broader industry trends toward greater transparency and regulatory compliance in cryptocurrency transactions.