TechFlow news, on January 14, according to Decrypt, Circle's latest report shows that USDC achieved significant growth in 2024, with global end users surpassing 500 million and circulation increasing by 78% year-on-year. In November 2024 alone, the monthly transaction volume exceeded $1 trillion, with cumulative transactions surpassing $20 trillion. USDC is now supported on 16 blockchains and has facilitated over $850 billion in fiat bridging. Its euro-backed stablecoin EURC has reached a weekly transfer volume exceeding $1 billion. Despite this progress, a gap remains compared to market leader USDT. Data from the past 30 days shows USDT's market cap decreased from $140 billion to $137 billion, a decline of 2.15%, while USDC's market cap rose from $42 billion to $46 billion, an increase of 9.5%.
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