The adoption and use of USDC, a widely used stablecoin issued by Circle, saw substantial growth in 2024, as highlighted in the company’s latest report.
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Circle’s USDC beats Tether USDT in market cap surge during 2024
USDC’s massive growth in 2024 marked the stablecoin’s steady recovery following a 45% market cap drop associated with the Silicon Valley Bank collapse in 2023.
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Circle Joins Big Tech in Donating $1 Million to Trump’s Record Inaugural Fund
Circle, the institution behind the issuance of USDC, the second-largest stablecoin in the cryptocurrency market, has donated $1 million to the inaugural fund of President
Read moreCircle contributes 1M USDC to Trump’s Inauguration Committee
Overcollateralized stablecoin issuers like Tether and Circle are collectively the world’s 18th-largest buyers of US government debt.
Read moreAgora, Galaxy complete AUSD stablecoin’s first live transaction
Agora’s AUSD is the latest entrant into the burgeoning stablecoin market.
Read moreUSDC market cap is up 80% from 2023 lows
The stablecoin is also more widely distributed across blockchain networks.
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