Circle’s latest report reveals that USDC surpassed 18 trillion USD in lifetime transactions. In 2024, the circulation soared by 78%, achieving an impressive 1 trillion USD in November alone, reflecting its growing global acceptance.
Significant regulatory advancements have bolstered USDC’s usage. Circle became the first MAJOR issuer compliant with the EU’s MiCA regulations and secured an electronic money license in France, streamlining USDC distribution in the EU.
USDC is instrumental in various sectors, notably in humanitarian aid and decentralized finance. Its seamless interoperability, supported by the Cross-Chain Transfer Protocol, facilitates faster, efficient transactions across multiple blockchain networks.