USDC supply approaches $61 billion, up 38.6% year-to-date

On-chain data shows that the USDC supply has climbed to nearly $61 billion, a significant increase of $17 billion from $44 billion at the beginning of the year, marking a growth rate of 38.6%. The total stablecoin supply has reached $226 billion. Meanwhile, USDT supply saw a modest increase from $138 billion to $145 billion in the same period. The total stablecoin supply has reached $226 billion. Ethereum remains the dominant chain for stablecoins, holding $130 billion of the total $226 billion supply, with the remaining stablecoins distributed across other blockchains, particularly TRON and Solana.