Circle issued $3.5 billion $USDC in a week, highlighting the rise in demand for stablecoins with a daily issuance of 250 million $USDC and expanding use in Solana and DeFi 💰

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Circle issued $3.5 billion $USDC in the last week, signaling a significant increase in demand for stablecoins. The average amount of tokens issued was 250 million $USDC per day, indicating heightened interest from the crypto community. This also confirms the expanding use of $USDC in the Solana ecosystem, where it is actively used for payments, lending, and trading. Additionally, the increase in $USDC issuance reflects the growing integration of the stablecoin into DeFi and its widespread adoption in the cryptocurrency industry.

This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.

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