Circle: The historical total trading volume of USDC has exceeded 20 trillion USD

ChainCatcher news, stablecoin issuer Circle has released the USDC economic status report, showing that the issuance of USDC has increased by 78% year-on-year over the past year, with a historical total trading volume exceeding $20 trillion. The monthly trading volume in November 2024 reached $1 trillion, with over 500 million end users able to access USDC through digital wallets and consumer applications.

USDC supports financial access in over 180 countries, and the Cross-Chain Transfer Protocol (CCTP) has facilitated over $20 billion in USDC transfers across supported blockchain networks.