Circle Issues Over 8 Billion USDC Since February

Circle has issued more than 8 billion USDC since early February, according to NS3.AI. This significant issuance highlights the growing demand for stablecoins in the cryptocurrency market. USDC, a popular stablecoin pegged to the U.S. dollar, is used widely for trading, lending, and other financial activities within the digital asset ecosystem. The increase in USDC issuance reflects the broader trend of rising stablecoin adoption as investors seek stability amid market volatility. Circle's continued expansion of USDC supply underscores its role in facilitating liquidity and transactions in the crypto space.