USDC JUST ATE TETHER'S LUNCH (FOR REAL THIS TIME)
šµ Mizuho Bank dropped a BOMB:
USDC transaction volumes YTD:Ā $2.2 TRILLION
USDT:Ā $1.3 TRILLIONĀ
First time sinceĀ 2019Ā USDC has topped TetherĀ .
Analysts say this isn't a fluke ā prediction markets + AI commerce driving structural shiftĀ .
USDC
1.00001
+0.01%
Mizuho raised Circle's price target to $120Ā .
The takeaway:Ā Institutional money prefers regulated stablecoins. USDC winning the trust game.
š React:
š¢ = USDC flipping
šµ = Tether still king MCap
š = Stablecoin wars