Circle’s USDC Surpasses Tether in Stablecoin Transactions, Visa Data Revealscryptointelligence • about 10 hours agoIn a surprising turn of events, Circle’s USD Coin (USDC) has surpassed Tether’s stablecoin in transaction volume, according to recent data from payments giant Visa. In April 2024, USDC recorded 166.6 million transactions, outpacing USDT’s 163.6 million monthly transactions. Since the end of 2023, USDC has steadily gained ground in the stablecoin transaction market. December of that year marked a milestone when USDC’s 145 million monthly transactions exceeded USDT’s 127 million transactions for the first time. This development comes as a significant surprise to industry observers, given that Tether has long held the title of the world’s largest stablecoin, boasting