USDC's average weekly trading volume this year reached US$23 billion, and the stablecoin market share hit a new high

Odaily News Since Circle announced that its stablecoin USDC complies with European MiCA regulations, the daily trading volume of USDC and EURC has increased significantly. In 2024, the average weekly trading volume of USDC reached 23 billion US dollars, higher than 9 billion US dollars in 2023 and 5 billion US dollars in 2022. Its market share is currently close to 14% of FDUSD, a record high. (Cointelegraph)