USDC Hits $76 Billion Supply in 2025 as User Activity Doubles

- USDC circulation soars to a record 76 billion tokens in 2025. - Active monthly wallets double, reaching 43.1 million. USDC, the stablecoin issued by Circle, had its second most successful year in 2025, driven by significant adoption and market activity despite challenging conditions. On March 30, 2026, Cryptopolitan reported that USDC's circulation increased to over 76 billion tokens, with its market capitalization reaching approximately $75.12 billion, a 73% year-over-year growth. Weekly fees generated through USDC peaked at $49 million during the summer, highlighting the asset's strong performance across all networks. On the Ethereum network alone, USDC’s supply grew by 6.73%, an increase of $20 billion, which brought the total supply on the network to $51.7 billion. In addition, USDC's user activity doubled in 2025, as active monthly holders rose from 22% at the start of the year to 44% by year's end. The number of asset senders also increased, growing from 2.1 million to approximately 4 million. Several factors supported USDC's remarkable growth. Market liquidity hubs fostered stablecoin adoption in a more mature ecosystem, while record-low transaction fees on Ethereum promoted greater use. Furthermore, Circle's partnership with Coinbase facilitated user onboarding for payments. Regulatory developments played a role as well, most notably the anticipation of the Clarity Act, which initially boosted confidence in stablecoin use. However, the act's exclusion of yield-bearing accounts negatively impacted Circle's (CRCL) share price. Institutional adoption also rose substantially throughout the year, as organizations leveraged USDC for trading, cross-border payments, and treasury management. By the end of 2025, USDC outpaced its rival stablecoin, USDT, for the second consecutive year, as the total number of holders across all networks rose to an all-time high of 43.1 million active wallets. According to CoinMarketCap, as of 15:08 UTC on March 30, USDC was trading at $1, reflecting a 0.002% increase in the last 24 hours.