Despite USDT and USDC market caps growing, the two largest stablecoins are losing dominance, with a 5% decrease in their market share since October 2, 2024.
The Tether and Circle duopoly is finally coming to a close, which coincides with Stripe’s announcement of Open Issuance, a solution that will allow businesses to launch and manage their own stablecoins without coding.
Beyond that, recent BlockDAG news stir hype, but degens are already scouting the real breakout crypto for October. Many are now betting their hard-earned cash on DeepSnitch AI, a presale rocket building a trading suite powered by five AI agents designed to give traders an actionable edge.
With bags stacking quickly, the project blasted past $295K raised at just $0.01735, and early believers are calling it a parabolic crypto with 100x upside after launch.
Is the new stablecoin era here?
Data from October 2 reveals that Tether’s USDT and Circle’s USDC have lost over 5% combined market share since 2024.
Experts believe that this might be a sign that the stablecoin duopoly is slowly unraveling. After reaching peak dominance in March 2024, USDT and USDC accounted for over 91% of the entire market cap. In contrast, the percentage was at 86% at the beginning of October, with many expecting a progressive decrease.
The likely reasons for this are post-GENIUS regulatory dynamics, increased assertiveness from intermediaries, and growing competition.
What might also speed up the loss of dominance is Stripe’s entry into the stablecoin market. Open Issuance by Stripe is a platform that will allow businesses and institutions to launch and manage their own stablecoins.
As a result, users will have increased control over the tokens they launch and finally minimize the reliance on popular stablecoin issuers. The platform may take off considering the promise of launching a stablecoin within days with minimal coding, with businesses expected to circumvent challenges with liquidity and compliance.
As the stablecoin landscape is set for a transformation, traders are looking for new investment avenues to prepare for the October bull run. As a result, low-stakes assets like presales are generating a noticeable buzz.
Best crypto presales to invest in
1. DeepSnitch AI: Presale with parabolic potential
In contrast to most AI projects, which target developers, DeepSnitch AI aims to help regular traders. By developing a suite of five AI agents that are trained to crunch raw on-chain data, DeepSnitch AI will be able to turn the unreadable noise into actionable trading signals.
For instance, DeepSnitch AI can access Telegram data and accurately read community sentiment, scan large whale wallets, analyze alpha trends, and scrutinize contract risks. Traders won’t have to spend hours doing this manually. Instead, they’ll be able to gain this data in seconds through an intuitive dashboard.
DeepSnitch AI could also pique the interest of investors who are actually looking for the crypto poised for growth, as the combination of strong fundamentals and affordability provides DSNT a massive upside potential.
For instance, if DSNT goes 100x (which is a modest prediction), investing $100 at the current price of $0.01735 could yield traders $10K, while $500 could turn into $50K.
With over $295K raised during the first stage of its presale and the affordable price, the stakes are relatively low, especially considering the upside potential.
The first stage is close to selling out, so jump into the DeepSnitch AI presale to reserve your tokens.
2. BlockDAG: Are partnerships enough to push BDAG?
On a fundamental level, BlockDAG can be considered a quality presale. By fusing Bitcoin’s legendary security with DAG technology, the project aims to create a hybrid blockchain with high speeds and revolutionary smart contract support.
Yet, many traders are wondering if the latest BlockDAG news surrounding partnerships and institutional interest is enough to push the token after launch.
BlockDAG news has been mostly dominated by partnership announcements. For instance, F1 team BWT Alpine endorsement and a shoutout from UFC fighter Alex Pereira which provided BDAG a significant boost in popularity.
Hype aside, BlockDAG raised over $400M with a price of $0.01. Yet, the utility might limit widespread appeal, and the higher valuation might limit the upside potential compared to presales that are in earlier stages.
3. Pepenode: Can PEPENODE mine its way to success?
Pepenode gamifies the process of mining memecoins, without requiring any expensive hardware.
In short, PEPENODE users can use the platform to create a virtual mining rig, using only the PEPENODE tokens.
The idea is generally simple. To improve the chances of climbing the Pepenode leaderboards, which win you airdrops for PEPE or BONK coins, you’ll have to increase your mining power. To do so, you’ll have to purchase more PEPENODE to set up new rigs.
The project raised $1.5M at the price of $0.0010831. Hopefully, the promise of passive income may help the project grow organically. Although Pepenode will likely face tough competition as it’s not the only virtual mining project in the sector.
Conclusion: Ride the bullish wave
The crypto market is expanding at a rapid pace, and it’s interesting to see how far new stablecoin issuers and businesses will grow as the Tether and Circle duopoly crumbles.
However, for most traders, this October will likely be transformative as new capital flows into the market. Yet, despite BlockDAG news, BDAG is still aimed at professionals, and as such, DeepSnitch AI takes the cake in terms of growth potential.
With a trader-centric solution and the affordable entry of $0.01735, DeepSnitch AI may very well moonshot if the market forces stay bullish in Q4.
Visit the official website to join the best crypto presale and bag your DSNT tokens.
FAQs
What is the latest BlockDAG news in 2025?
BlockDAG has secured new partnerships, gained institutional attention, and continued to raise funds in its presale, keeping it in the spotlight.
Is BlockDAG better than DeepSnitch AI?
While BlockDAG is a strong project with massive hype, it’s also more expensive, and its utility may be limited compared to DeepSnitch AI. As a result, DeepSnitch may offer a higher upside potential.
Why are USDT and USDC losing dominance?
The likely reason for a slight decrease in USDT and USDC dominance is increased competition from other issuers.
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