Adjusted Stablecoin Volume Shows USDC Outpacing USDT in 2026, Mizuho Raises Circle Price Target

Circle’s USDC has overtaken Tether’s USDT in adjusted stablecoin transaction volume for the first time since 2019, signaling a notable shift in how digital dollars are actually being used across crypto markets. A March 13 research note from Mizuho Securities analysts Dan Dolev and Alexander Jenkins found that USDC has processed about $2.2 trillion in