TechFlow, May 29 — According to CoinDesk, Artemis jointly released a report with Dragonfly and Castle Island Ventures indicating that in the stablecoin payments market, Tether (USDT) accounts for 90% of transaction volume, with Tron being the preferred settlement network, representing approximately 60%. Annualized payment data from February 2025 reached a scale of $72.3 billion. Although Circle's USDC has been capturing market share in issuance, it significantly lags behind USDT in payment use cases. The latter is widely regarded as a dollar substitute, especially in emerging markets such as Argentina and Brazil, where Tron’s advantages in low cost and high speed make it the top choice for transactions.
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