Popular cryptocurrencies such as Stellar (XLM) and Shiba Inu (SHIB) It has just received a new step in adoption, with its listing against Circle's main stablecoin US dollars On the Bitget platform. The exchange is one of the big players in the cryptocurrency space, with a daily trading volume of $2.68 billion and total assets of $5.9 billion, according to CoinMarketCap.

Apart from these two cryptocurrencies, cryptocurrencies like Injective's INJ, Phala Network (PHA) and RENDER also got a chance with Bitget in the new listing wave. Perhaps the main point here is not that all of these coins were listed against USDC, but rather that the second largest stablecoin got a boost of acceptance on this very exchange against one of the most interesting cryptocurrencies at the moment.

USDC vs. USDT currently ranks 11th among all trading options on Bitget with $32.43 million, while coins like VINE or SUNDOG, which can be considered risky new meme coins, have a higher turnover there.

So, as it appears, the exchange's strategy is to dilute USDT's dominance on the platform by trading USDC options. If so, the choice of which token to list is what one might call a fixed token.

SHIB is one of the largest cryptocurrencies with a large army of supporters and enthusiasts. XLM is in the spotlight now with the advent of... XRP. Other currencies also cover key sectors of the cryptocurrency market, such as artificial intelligence and blockchain.

USDC gains ground

It will be interesting to see if Bitget continues on these USDC-linked lists, and what this emerging trend tells us about the stablecoin arena at the moment. Let's not forget the regulatory status of the Circle stablecoin in the United States

Currently, there is an $80 billion gap in the market capitalization of USDC and USDT, but one may recall that not long ago they were roughly on par. Maybe we're about to see a USDC renaissance, and exchanges want that liquidity.