USDC Surpasses USDT as Dominant Stablecoin in Market
- Volume Reversal: According to Visa's data, in June 2026, USDC's adjusted trading volume reached $1.21 trillion, accounting for 67% of total trading volume, while USDT only managed $573 billion, indicating USDC's dominance in the stablecoin market.
- Market Share Shift: In the first half of 2026, USDC's market share approached 70%, while USDT's share dropped to about 25%, marking the widest gap ever recorded and reflecting a structural change in the stablecoin market.
- Compliance-Driven Growth: Circle's adherence to regulatory frameworks like MiCA and the GENIUS Act has successfully attracted major financial institutions, including Standard Chartered and BNY, further solidifying USDC's position as a compliant stablecoin.
- Market Structure Divergence: The stablecoin market has bifurcated into a settlement layer dominated by USDC and a savings layer led by USDT, indicating that each token occupies a distinct advantage in different markets, complicating future competition.
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Technical Analysis for
Technical Sentiment Analysis for (). As of , () is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
() Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
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