Tether is typically used on non-US centralized exchanges, where they don't have access to USDC.
People could still use USDC on-chain. According to https://ultrasound.money/, on the Ethereum network, there's $39.277B USDC and $32.35B Tether. Tether's popularity might be different on other networks.
People could still use USDC on-chain. According to https://ultrasound.money/, on the Ethereum network, there's $39.277B USDC and $32.35B Tether. Tether's popularity might be different on other networks.