USDC Trading Activity in 2025
• Binance has become the largest platform for trading USDC, with weekly trading volumes exceeding $24 billion, holding about 49% of global centralized USDC trading.
• Binance has a reserve surplus of 141% (4.34 million USDC against user deposits of 3.073 billion USDC), reflecting its commitment to deposit retention contracts and financial security.
• The last few months have seen the minting of over 10.2 billion new USDC on the Base and Solana networks, compared to 4.6 billion USDT, solidifying the trend towards the more regulated currency over USDT.
