The stablecoin backed by Circle surpasses $35 billion in circulation and consolidates itself as a key player in cryptocurrency trading on Binance and other platforms.
On a day marked by strategic movements in the crypto market, USDC (USD Coin) has reached a new milestone by surpassing $35 billion in circulation, consolidating itself as one of the most used stablecoins in the world. This cryptocurrency, issued by Circle and backed 1:1 by the US dollar, has shown increasing adoption among both institutional investors and retail users.
The news comes as Binance, one of the most important exchanges on the planet, continues to expand support for trading pairs with USDC, especially in emerging markets where monetary volatility remains a central concern. Analysts highlight that the stability, transparency, and regulation of USDC position it as a reliable alternative to other more questioned stablecoins.
In addition, Circle announced new strategic partnerships with international banks to strengthen the fiduciary backup infrastructure, which further increases trust in this digital currency. Its growing integration in DeFi protocols and payment platforms also drives its use beyond simple exchange.
The growth of USDC reinforces the trend towards the mass adoption of stablecoins as a bridge between traditional finance and the blockchain universe, at a time when regulators are closely monitoring this market segment.