USDC is more actively traded than USDT, with a daily transaction volume of over $5.7 billion compared to USDT’s $4.5 billion.lends credence to this position, as USDC has led the overall stablecoin market regarding transfer volume in the last month. With a transfer volume of $445 billion in the last 30 days, 48% of stablecoins moved during that period was USDC. USDT trails behind with a transfer volume share of less than 40%.However, in terms of scale and adoption, USDT notably exceeds USDC.
While USDC leads in terms of overall transaction volume, USDT continues to record higher daily transaction counts. According to the latest data available from IntoTheBlock, on 4 September, 97,000 transactions involving USDT were completed. On the same day, USDC only saw 34,000 transactions. Trailing downward since 6 March, USDC’s daily transactions count has since plummeted by 61%.