Dune’s Digital Asset Brief shows the stablecoin market is splitting by job, not just market cap. In the first half of 2026, Tether’s USDT settled about $95 billion in identified commerce payments, while Circle’s USDC handled only $14 billion. USDT also captured roughly 92% of the $48 billion business-to-business payment volume, and on Tron roughly 93% of USDT supply sits in ordinary wallets rather than on exchanges. Translation: USDT has become the remittance and...