Data: The market capitalization of USDC has declined for 13 consecutive months, currently falling to the range of 26 billion dollars

ChainCatcher news, according to Coinmarketcap data, the market capitalization of the US dollar stablecoin USDC issued by Circle has declined for 13 consecutive months, currently falling to the range of 26 billion dollars, more than half of the peak of 56 billion dollars reached in late June 2022. Meanwhile, USDC's biggest competitor Tether (USDT) has seen its market capitalization grow by 25.7% during the same period.