After the recent bearish market, USD Cointhe stable Circle currency has achieved recover its market capitalization up to 56.3 billion dollars according to Chimamanda u Martha en coinspeaker.
This recovery follows a significant fall in November 2023, when USDC market capitalization fell to 24,100 million dollars in the middle of a broader market fall.
The recent increase in USDC market capitalization has been greatly attributed to the strategic Circle expansion in additional block chains. In particular, USDC has been integrated into the network Aptimproving its accessibility and utility on various decentralized finance platforms (DEFI).
In Januarythe entire stable currency market had a market capitalization of 200,000 million dollarsaccording to data from Alphractal. Digital assets increased 73% from 121.18 billion dollars registered in August 2023 to reach a historical maximum of 211 billion dollars.
During this period, USDC won an advantage over other stable currencies, thanks to the integration of the token into Solanaone of the fastest block chains in the industry with a massive community. Since the integration of Token into the block chain, the domain of the stable currency has grown from 20% to around 25.5%.
Although Usdt the Tether It remained the queen currency in the stable currency market, USDC won traction in the United States after the company will relocate its headquarters in El Salvadorracing the way for USDC to grow within the US.
To further increase its growth, Circle reinforced the presence of USDC coining additional $ 250 million In the Solana block chain in January, which raised the total USDC coined in Solana to 5 billion dollars since the beginning of this year.
Impressive year -on -year growth
In terms of annual growth, Circle revealed that USDC’s circulation grew a 78% year -on -year (yoy)eclipsing the growth rate of other stable currencies in the industry.
According to him Report on the state of the economy of USD Coin In 2025 Published by the company in January, the total volume of historical transactions of the STABLECOIN reached the 20 billion dollars in 2024with a volume of monthly transactions of 1 billion dollars in November.
Since 2018, Circle has managed to join more than 850 billion dollars between fiduciary coins and compatible block chains. The company has served as a vital conduit for important banks worldwide, regional banks, payment suppliers, companies and end users take advantage of digital dollars for global liquidation in real time, offering minimum transaction costs and global accessibility.
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