USDC is now more widely distributed. Previously concentrated predominantly on Ethereum at 85%, the token now supports diverse blockchain networks. Around 65% remains on Ethereum, while Solana now accounts for approximately 10%, reflecting growing acceptance of alternate layer-1 networks like Hyperliquid.

Analysts forecast that USDC’s market cap might double to about 100 billion USD by 2025. This prospect depends on Tether’s regulation status in the EU. If Tether remains unchecked, European residents may increasingly prefer USDC, boosting its role in decentralized finance.