The trading volume of Circle’s USDC stablecoin has surpassed the $16 trillion mark. While this figure is lower than traditional financial giants like Visa, it shows the significant growth of stablecoins. USDC is the second-largest stablecoin by market capitalization with $34.6 billion in circulating capital. This growth is primarily driven by the Solana Blockchain (SOL), which holds more than three-quarters of the stablecoin market share.
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