Report: Tether and Tron Dominate Stablecoin Payment Market, Circle in Catch-up Mode
Artemis, in collaboration with Dragonfly and Castle Island Ventures, released a report indicating that in the stablecoin payment market, Tether (USDT) accounts for 90% of the transaction volume, with Tron being the preferred settlement network, accounting for approximately 60%. By February 2025, the annualized scale of payment data is expected to reach $72.3 billion. Although Circle's USDC is in a catch-up phase and is also eating into the market share, it is far less prevalent than USDT in payment scenarios, particularly in emerging markets like Argentina and Brazil, where it is widely regarded as a substitute for the US dollar. (CoinDesk)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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EIA expects Brent crude spot prices to remain at $100 per barrel for the rest of the year and raises the average price forecasts for this year and next.
The U.S. Energy Information Administration (EIA) has raised its forecast for average Brent crude oil prices in 2026 and 2027 to $97 and $86, respectively, reflecting pressures from global inventory declines, Middle East supply disruptions, and rising transportation costs. As oil production in the Middle East gradually recovers and global inventories rebound from low levels, the EIA expects the average spot price of Brent crude to fall to $87 per barrel in the second quarter of 2027, and further decline to $77 per barrel by the fourth quarter.
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