Latest data shows that USDC activity on the Ethereum network has reached an all-time high!!!
Although the outstanding supply remains steady at around $40 billion, the total on-chain transfer amount of USDC has skyrocketed to $635 billion, with a frequency breaking through 7.2 million transactions, setting new records.
This surge not only reflects the deep application of USDC in DeFi and everyday payments but also highlights Ethereum's irreplaceable position as the main battleground for stablecoin settlement.
While the supply remains stable, the activity has surged, indicating that users increasingly rely on USDC for high-frequency, low-cost transactions, driving the seamless integration of on-chain finance and traditional finance.
The stablecoin infrastructure of the Ethereum ecosystem is entering a new round of explosion.
