The cryptocurrency landscape is shifting as DeFi protocols continue to gain traction. With lending and borrowing platforms reaching new heights, the demand for stablecoins is skyrocketing. As a result, Tether's market share is under pressure, with USDC and DAI gaining ground. Will the stablecoin landscape continue to evolve, or will Tether regain its dominance?

As DeFi protocols rise, stablecoins like USDC and DAI are challenging Tether's dominance. The evolving landscape indicates a shift towards alternatives. The competition will likely drive innovation and improvements in the stablecoin market.