Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.
Today in crypto, Dune data showed Tether’s USDT has cemented its lead in blockchain payments while Circle’s USDC dominates DeFi, underscoring how the two largest stablecoins are evolving into distinct products. Meanwhile, the European Parliament adopted its policy position on digital assets following the end of MiCA’s transition period, and plans for a US Strategic Bitcoin Reserve have reportedly stalled amid a dispute between the Treasury and Commerce departments over oversight.
Dune data shows Tether’s USDT has become the dominant stablecoin for onchain payments, while Circle’s USDC has emerged as the leading asset for DeFi and trading, highlighting an increasingly specialized stablecoin market.
According to Dune’s Digital Asset Brief, USDT settled about $95 billion in identified commerce payments in the first half of 2026 versus $14 billion for USDC, and captured roughly 92% of business-to-business payment volume. On Tron, where most USDT circulates, about 93% of supply sits in regular wallets, reinforcing its role in payments and remittances.
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