Circle’s USDC supply reached a new all-time high of 81,1 billion tokens, approaching the level of USDT.
Steyblecoin It has expanded its influence in prediction markets, perpetual futures trading, and lending, and has become widely used as a substitute for USDT on US and European exchanges.
Currently, USDT’s main competitor supports over 183 billion tokens with a defined liquidity structure distributed between Ethereum и TRON. Circle is mostly supported Ethereum и Solana, as well as the developing Base ecosystem.
USDC is already catching up with USDT on the blockchain. ERC-20, which has a volume of 96 billion stablecoins. Previously, USDC accounted for a much smaller share, but in 2025 liquidity expanded to include assets denominated in US dollars.
While USDT caters to international «whales» and retail investors, Circle is betting on its potential to become an institutional-grade platform. USDC is often used by major players to transfer funds to Binance or Hyperliquid. Over the past 30 days, the number of transactions with USDC has increased, according to according to ArtemisOver the same period, USDT turnover increased by 140%.
Over the past month, Circle has added over 152,000 users. In January, this number increased to over 857,000. In total, the stablecoin has over 6,22 million holders and is linked to over 65,000 smart contract addresses. Smart contract Circle is also frequently among the top three in terms of gas consumption on the network. Ethereum due to activity in the field of trading and decentralized finance.