# USDC on exchanges doubled in January while Tether’s dominance fell to new lows
“# USDC on exchanges doubled in January while Tether’s dominance fell to new lows ” The sands are shifting in the stablecoin ecosystem, with Circle’s USD Coin quickly eating into the dominance of the sector’s leader, Tether. According to a Feb. 1 report from Glassnode, the amount of USDC on exchanges increased by more than…