$USDC USD Coin (USDC) from Circle reached a market capitalization of 56.3 billion dollars on February 10, according to data from CoinGecko, recovering the losses it suffered during the most recent bear market.

The market capitalization of 56.3 billion dollars represents an increase of 23.4% from the 45.6 billion dollars measured on January 8. The lowest market capitalization that USDC reached during the bear market was 24.1 billion dollars in November 2023.

The increase in market capitalization occurs as Circle expands its reach to other blockchains, including Sui and Aptos. The company also minted 6 billion dollars in USDC on the Solana blockchain in January 2025.