USDC by Circle, second-largest stablecoin, is utilized by over half a billion clients worldwide
Circle, a U.S. fintech heavyweight, publishes 2025 State of the USDC Economy Report. The document registered an array of splendid milestones hit by USDC stablecoin in terms of trading volume, number of users, service integrations and regulatory compliance in various jurisdictions.In 2024, aggregated transaction volume for USDC stablecoin exceeded $20 trillion in equivalent.
As mentioned in the report, USDC is seamlessly available in major centralized and decentralized fintech applications, including the likes of Coinbase, Moneygram, Stripe, dYdX, Nubank and so on.2024 also brought a number of regulatory compliance milestones to USDC. Amid increased regulatory hostility, the stablecoin became regulatory-compliant in the EU and Canada.
Circle is the first major global stablecoin issuer to comply with EU’s MiCA framework and the first stablecoin issuer to meet Canada’s listing rules.As covered by U.Today previously, another heavyweight U.S. fintech, Ripple, issued its stablecoin, Ripple USD , in December 2024. The release of RLUSD is approved by the N.Y. Department of Financial Services.
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.
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