USDC’s Explosive Growth
Just one year ago, in March 2024, USDC’s market cap sat at $30 billion. Now, it has doubled to 60.2 billion—a staggering 100% year-over-year increase.
Despite this impressive surge, Tether remains king with a market cap exceeding $144 billion. However, USDC’s steady growth suggests a shifting landscape, where multiple stablecoins could thrive rather than a single dominant player.
