USDC Transactions Reach $18 Trillion: A Major Milestone for Circle
Circle reports over $18 trillion in lifetime USDC transactions, driven by advancements in blockchain technology, expanded regulatory clarity, and growing global demand for efficient payment systems.
In 2024 alone, USDC circulation grew by 78%, with $1 trillion in transaction volume recorded in November. With availability across 16 blockchains and compliance with key regulations like the EU’s MiCA, Circle has positioned USDC as a trusted stablecoin for payments, remittances, and decentralized finance.
Circle’s innovations, such as the Cross-Chain Transfer Protocol (CCTP), enhance interoperability, enabling seamless, near-instant transactions. USDC adoption spans diverse use cases, including humanitarian aid, global payrolls, and cross-border payments. Partnerships in Latin America and Africa further broaden its reach, offering dollar-denominated financial products. As blockchain continues to modernize payments, Circle anticipates further regulatory and technological advancements to solidify USDC’s role in fostering financial inclusion and efficiency worldwide.
Clever Robot News Desk 16th January 2025
