Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Ethereum is still the dominant network for USDC, with Solana's on-chain issuance exceeding 10 billion closely following

Ethereum is still the dominant network for USDC, with Solana's on-chain issuance exceeding 10 billion closely following

Bitget2025/03/26 12:31

According to The Block, the market value of USDC, a stablecoin issued by Circle, has broken through $60 billion, setting a new historical high and increasing 100% compared to $30 billion in March 2024.

The on-chain distribution shows that despite Circle issuing a large amount of USDC on Solana this year, Ethereum is still the dominant network for this stablecoin. Specifically: about 36 billion are issued on Ethereum, approximately 10 billion on Solana, around 3.7 billion on Base, roughly 2.2 billion on Hyperliquid, about 1.8 billion on Arbitrum and approximately 1 billion on Berachain.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!