As of April 19, 2025, the total supply of USDC has approached 61 billion USD, with an increase of 17 billion USD year-to-date, a rise of 38.6%. Meanwhile, USDT has increased from 138 billion USD to 145 billion USD during the same period, showing relatively slow growth. Ethereum remains the dominant chain for stablecoin issuance, holding 130 billion USD of the total supply of 226 billion USD. Although USDT still holds the largest market share, influenced by regulatory bodies and preferences for Decentralized Finance protocols, USDC is becoming the stablecoin that institutions are more inclined to use. (The Block)
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USDC has risen by over 17 billion USD this year, as institutions prefer it to accelerate the advantage over USDT.
As of April 19, 2025, the total supply of USDC has approached 61 billion USD, with an increase of 17 billion USD year-to-date, a rise of 38.6%. Meanwhile, USDT has increased from 138 billion USD to 145 billion USD during the same period, showing relatively slow growth. Ethereum remains the dominant chain for stablecoin issuance, holding 130 billion USD of the total supply of 226 billion USD. Although USDT still holds the largest market share, influenced by regulatory bodies and preferences for Decentralized Finance protocols, USDC is becoming the stablecoin that institutions are more inclined to use. (The Block)