USDC Transfer Volume Hits 5X That Of USDT Following FTX Collapse
Although it has a much smaller market cap, on-chain data shows that USDC has a much larger transfer volume than its main competitor the USDT.< /p>
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![USDC Transfer Volume Hits 5X That Of USDT Following FTX Collapse](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDEvNGU3MDVmYmItM2EyZS00ZWQxLThhNjctM2E0NDU5OGIxZGM3LmpwZw==.jpg?#)
Although it has a much smaller market cap, on-chain data shows that USDC has a much larger transfer volume than its main competitor the USDT.< /p>
News
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