$USDC is Circle's fully-reserved, dollar-pegged stablecoin, redeemable 1:1 for cash and backed by short-dated US Treasuries and cash held with regulated custodians (BlackRock manages the reserve fund, Deloitte does monthly attestations). Circle itself now trades publicly on the NYSE under CRCL after its June 2025 IPO. (Eco)
Where it stands: USDC's circulating supply is around $73.7 billion, with the total stablecoin market exceeding $315 billion. (KuCoin) That makes it the clear #2 stablecoin behind Tether's USDT, which holds roughly $187 billion, or about 59% of the market, versus USDC's 24% share. (Transak)
Momentum is the real story though: USDC drove about 67% of all stablecoin transaction volume in June 2026 ($1.21 trillion of $1.79 trillion total), well ahead of USDT's 32% share (Crypto Briefing) — meaning USDC punches far above its supply weight in actual usage, especially in regulated/institutional rails. Circle has set a public target of $150 billion in circulating supply for the second half of 2026, up from about $112 billion in April.
#USDC #StablecoinUSD #Circle #USDCoin #CRCL #DigitalDollar #Web3Payments #DeFi #Crypto
Where it stands: USDC's circulating supply is around $73.7 billion, with the total stablecoin market exceeding $315 billion. (KuCoin) That makes it the clear #2 stablecoin behind Tether's USDT, which holds roughly $187 billion, or about 59% of the market, versus USDC's 24% share. (Transak)
Momentum is the real story though: USDC drove about 67% of all stablecoin transaction volume in June 2026 ($1.21 trillion of $1.79 trillion total), well ahead of USDT's 32% share (Crypto Briefing) — meaning USDC punches far above its supply weight in actual usage, especially in regulated/institutional rails. Circle has set a public target of $150 billion in circulating supply for the second half of 2026, up from about $112 billion in April.
#USDC #StablecoinUSD #Circle #USDCoin #CRCL #DigitalDollar #Web3Payments #DeFi #Crypto