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Data: In the past 24 hours, the entire network has been liquidated for a total of $324 million, with long positions liquidated for $245 million and short positions liquidated for $78.2539 million.
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Circle's stablecoin USDC surpasses Tether's USDT in growth for the second consecutive year
PANews January 6 News, according to CoinDesk, in 2025, as the US government’s attitude towards digital assets warms, the market’s demand for regulated blockchain-based US dollars increases. Circle’s USDC stablecoin’s growth rate has surpassed Tether’s USDT for the second consecutive year. Data shows that in 2025, USDC’s market cap grew by 73%, reaching $75.12 billion, while USDT’s market cap grew by 36%, reaching $186.6 billion. In 2024, USDC grew by 77%, and USDT grew by 50%. USDC and USDT together account for over 80% of the total stablecoin market cap of $312 billion, indicating that other tokens have yet to benefit from US regulatory developments.