Here’s the current status of USDC:
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📈 Market Growth & Supply Increase
Circulating supply is about $61.5 billion, up from roughly $44 billion at the start of 2025—a ~38–39% increase year‑to‑date .
In 2024, USDC’s supply doubled—from ~$30 billion to over $60 billion—marking an impressive 100% year‑over‑year growth .
Earlier in the year (February 2025), USDC reached a supply of $56 billion, up +$12 billion from the previous year—a 100%+ yearly gain .
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🔍 What This Means
USDC’s rapid growth reflects surging demand in crypto trading, DeFi, and institutional usage.
Regulatory clarity in the U.S. (e.g., Senate’s “GENIUS Act”) has increased confidence in stablecoins like USDC .
As a result, USDC has taken significant market share from competitors. In 2025, it added $16 billion, while USDT added roughly $7 billion .
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⚖️ Key Metrics at a Glance
Metric Value Change
Circulating Supply ~$61 billion +38–39% YTD
YoY Growth ~100% From ~$30 billion in March 2024
2025 YTD Increase ~$17 billion From January 1 – June
Share of Stablecoin Market ~25% of total ~$250 billion sector
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Summary
USDC has seen rapid and sustained growth:
Nearly 40% supply increase since January 2025.
100% YoY expansion from March 2024 to March 2025.
USDC is now one of the key drivers in the $250 billion+ stablecoin market.
If you're interested, I can also explore where that growth is coming from—DeFi platforms, institutional flows, or more details on the GENIUS Act.