Tether’s USDT And Circle’s USDC Split Stablecoin Market, Dune Data Shows

New data cited by Dune in Crypto Biz says the world’s stablecoin leaders, Tether’s USDT and Circle’s USDC, are no longer competing for the same users, with each dominating a different corner of the market.

“Skip to content Cryptocurrency Will Bitcoin Drop to $50,000 as Saylor’s Strategy Sells $216 Million in BTC”

24/7 Wall St.

The same reporting says USDT settled $95 billion in identified commercial payments during the first half of 2026 and continues to dominate business-to-business transfers.

Cointelegraph

For USDC, Crypto Biz says it is driving onchain trading and DeFi activity, processing trillions of dollars in monthly transfer volume across Base and Ethereum.

Crypto Biz also links the stablecoin shift to regulation and demand, saying the market capitalization of MiCA-compliant euro stablecoins surged 128% in the year leading up to the EU’s July 1 regulatory transition deadline, according to Decta.

Strategy’s Bitcoin treasury move is at the center of Crypto Biz, which says Strategy sold 3,588 Bitcoin worth $216 million to fund preferred stock dividends and that the sale trimmed its holdings to 843,775 BTC.

Crypto Biz adds that Strategy kept its $2.55 billion cash reserve intact, and it frames the sale as following a new capital framework that allows Bitcoin sales to fund dividend payments.

The Globe and Mail

The Globe and Mail describes the same transaction as Michael Saylor confirming that Strategy sold 3,588 BTC for approximately $216 million to fund dividends on its preferred stock and to top off the company’s cash reserve.

24/7 Wall St. places the sale in a market context, saying BTC trades near $62,900 and that the $216 million sale is “less than 1% of the roughly $25 billion in Bitcoin that trades every day.”

Crypto Biz reports that Vanguard is hiring a head of digital assets to oversee its strategy on tokenization, stablecoins and blockchain infrastructure, and it says the executive will represent the asset manager in discussions with regulators.

“Key Points Strategy recently sold BTC to fund its dividend obligations, a pivotal moment for the business”

The Globe and Mail

The same Crypto Biz item says the hiring contrasts with Vanguard’s long-standing refusal to offer or even support spot Bitcoin ETFs, while noting that tokenization has become a strategic priority across traditional finance.

In the stablecoin regulatory thread, Crypto Biz says MiCA-compliant euro stablecoins grew as Europe debates whether its MiCA regime is helping or hindering the bloc’s digital asset ambitions, with industry groups arguing the framework has made euro stablecoins safer but less competitive.

Crypto Biz also ties the stablecoin expansion to specific market structure, saying euro-pegged tokens account for just 0.22% of the roughly $315 billion dollar-backed stablecoin sector.