Tether Don Pass USDC for BitPay, E Dey Drive Stablecoin Growth
Tether don dey slowly chop USDC dominion for BitPay, as USDT share for stablecoin transactions don rise from 13% for January 2024 come reach 43% by May 2025. Since March 2025, USDT don dey account for over 70% of stablecoin payment value for the platform. For June 2025, USDT volumes jump 41% to $121.7 million, push am BitPay share to 48%, while USDC volumes grow 15% to $112.1 million (44% share). Overall stablecoin payments for BitPay reach $290.4 million for June (up 29% month-on-month) and $684.0 million for Q2 (up 34% from Q1). Analysts talk say Tether growth na because of wider adoption and lower network costs, e show say merchants preference dey shift. Traders suppose dey watch stablecoin flows, network fees and regulatory trends as key signs for USDT market momentum.
Bullish
Tether wey dey grow for BitPay na because say merchants and consumers dey find cheaper stablecoin payment dem. Dis steady change dey increase USDT transaction volume plus market visibility. Short-term, more payment use fit bring better liquidity and better price pressure for USDT. Long-term, if adoption and developer support continue, e go solidify USDT as the leading stablecoin for crypto payments, wey go reinforce beta market confidence among traders and investors.