As of April 19, 2025, the total supply of USDC approached 61 billion USD, with a year-to-date increase of 17 billion USD, representing a growth of 38.6%. During the same period, USDT increased from 138 billion USD to 145 billion USD, showing relatively slower growth.
Ethereum remains the dominant chain for stablecoin issuance, hosting 130 billion USD of the total supply of 226 billion USD.
Although USDT still holds the largest market share, influenced by regulatory agencies and DeFi protocol preferences, USDC is becoming the most institutional-friendly stablecoin. (The Block)
