Circle stablecoin users surged to 35 million, with $75 billion in supply flowing into L2 networks such as Solana, Base, and Arbitrum.
Circle's issuance of USDC and EURC stablecoins is expected to experience explosive growth in 2025, with the number of holders reaching 35 million, double that of early 2025. Circle's total supply (including USDC, EURC, and interest-bearing products) has reached a record 75 billion USD. Notably, this expansion of 75 billion USD is no longer confined to Ethereum, but is pouring into Layer 2 and alternative Layer 1 networks such as Solana, Base, Arbitrum, and Polygon. Although the total amount of stablecoins on Ethereum has reached 184 billion USD, the simultaneous acceleration of volume indicates that capital is circulating and being utilized on a large scale and efficiently.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
yh awesome