USDC Market Cap Surges Past $60B

USDC Market Cap Surpasses $60 Billion Amid Growing Adoption

• USDC stablecoin market cap reached a new high, exceeding $60 billion.
• USDC now holds a 25.4% share of the stablecoin market, up from 20.7% three months ago.
• Tether (USDT) remains dominant with a market cap of $144 billion, representing 63% of the sector.
• $16.5 billion worth of new USDC was minted in the past three months, compared to $4.7 billion for USDT.
• Europe’s MiCA regulations have influenced stablecoin demand and compliance efforts.

USDC’s market cap has surpassed $60 billion, capturing a larger share of the stablecoin market at 25.4%, while Tether maintains its lead with a $144 billion valuation.