🚨 USDC Supply Hits All-Time High
Circle announced that USDC circulation has surpassed $75B, setting a new record.
According to DeFiLlama, this gives USDC a 24.9% market share among all USD stablecoins.
◾ USDC’s growth reflects rising demand for transparent and regulated stablecoins
◾ Market impact: Expanding USDC liquidity can strengthen DeFi ecosystems and trading pairs
◾ Competition: Challenges USDT dominance while boosting multi-chain adoption
📊 With stablecoin markets becoming the backbone of crypto liquidity, USDC’s surge signals increasing institutional and retail trust.
💡 What do you think: Can USDC close the gap with USDT, or will Tether remain king?