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USDT vs USDC ownership by country. Ranked.
🥇 🇳🇬 Nigeria: 59% USDT / 48% USDC
🥈 🇦🇺 Australia: 34% USDT / 29% USDC
🥉 🇮🇳 India: 30% USDT / 27% USDC
4. 🇨🇴 Colombia: 25% USDT / 29% USDC
5. 🇸🇬 Singapore: 29% USDT / 24% USDC
6. 🇿🇦 South Africa: 23% USDT / 29% USDC
7. 🇺🇸 United States: 22% USDT / 26% USDC
8. 🇵🇭 Philippines: 27% USDT / 20% USDC
9. 🇹🇭 Thailand: 25% USDT / 21% USDC
10. 🇦🇷 Argentina: 25% USDT / 20% USDC
11. 🇫🇷 France: 21% USDT / 14% USDC
12. 🇩🇪 Germany: 15% USDT / 17% USDC
13. 🇲🇽 Mexico: 16% USDT / 16% USDC
14. 🇬🇧 United Kingdom: 16% USDT / 14% USDC
15. 🇧🇷 Brazil: 14% USDT / 16% USDC
Two things stand out:
🔹 Nigeria is in a league of its own. Nearly 60% USDT ownership. Dollar-denominated savings aren't optional when your local currency loses value daily.
🔹 USDC is catching up. In Colombia, South Africa, US, Germany, and Brazil, USDC ownership actually exceeds USDT. The regulated stablecoin is gaining ground.
USDT still leads globally. But the gap is narrowing fast.
Data: @BVNK Stablecoin Utility Report 2026

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