USDC Accounts for 79% of Stablecoin Transaction Volume; Circle CPN Annualized Payment Volume Exceeds $58 Billion

Odaily: In Q3, USDC accounted for 79% of total stablecoin transaction volume, up from 66% in the same period last year. Circle's Payment Network (CPN) now has an annualized payment volume exceeding $58 billion, with 205 financial institutions onboarded. The Arc mainnet launched on September 16, featuring 11 founding validators and over 100 applications.