KEY TAKEAWAYS
- Circle’s 2025 report highlights USDC’s rapid adoption and its role in transforming global finance.
- USDC circulation grew by 78% year-over-year, surpassing $20 trillion in total transaction volume.
- Circle achieved regulatory milestones, becoming the first major stablecoin issuer to comply with EU and Canadian regulations.
- USDC’s interoperability and accessibility empower unbanked populations across 180 countries.
NEW YORK CITY, January 14, 2025 — Circle Internet Group, Inc. has unveiled its third annual State of the USDC Economy report titled ‘USDC as a Platform for Global Prosperity.’ The 2025 report emphasizes the rapid adoption and expanding use cases of USDC, alongside growing regulatory clarity for stablecoins. Circle’s leadership is setting a benchmark for safety and transparency in this evolving sector.
The report envisions an open, programmable internet financial system that is faster, cheaper, and inherently global. Circle’s stablecoin network facilitates financial transactions with the speed and efficiency of the internet, unlocking significant opportunities for innovation and inclusion.
USDC’s Expanding Role in Global Finance
The report features USDC use case studies from leading financial service providers and technology innovators, including Mastercard, MoneyGram, Nubank, Standard Chartered, Zodia Markets, Stripe, and Worldpay. These examples highlight USDC’s pivotal role in transforming global finance. From disrupting remittances and cross-border payments to enhancing aid disbursement and providing a stable store of value, USDC is at the forefront of reshaping the financial landscape.
Jeremy Allaire, Chairman, Co-Founder, and CEO of Circle, stated, “This year’s report charts USDC’s evolution into a platform for global prosperity. USDC has become a crucial bridge between traditional and digital finance, enabling real-time, low-cost value exchange that expands economic opportunity on a global scale.”
Regulatory Milestones and Market Growth
Dante Disparte, Chief Strategy Officer and Head of Global Policy at Circle, noted that 2024 marked significant milestones in Circle’s support of global regulatory clarity. Regulators worldwide are now enshrining principles of trust, transparency, and financial integrity, which Circle has championed since its inception. This progress strengthens regulatory clarity for stablecoins and ensures that digital dollars like USDC serve as a force for global economic inclusion.
USDC circulation grew by 78% year-over-year, outpacing the growth rate of other large global stablecoins. Its total all-time transaction volume has surpassed $20 trillion, with a monthly transaction volume of $1 trillion in November 2024. Circle became the first major global stablecoin issuer to comply with the European Union’s Markets in Crypto Assets (MiCA) regulation and Canada’s new listing rules.
USDC is now accessible to more than 500 million end-users through digital wallets and consumer apps, aiding in the mainstream adoption of digital dollars. Binance has adopted USDC as a vital stablecoin for its corporate treasury, expanding access for over 250 million global users.
Circle’s Cross-Chain Transfer Protocol (CCTP) has facilitated over $20 billion in USDC transfers, providing seamless interoperability across supported blockchain networks. USDC empowers unbanked and underbanked populations, offering secure, low-cost access to digital dollars across more than 180 countries.
For more details, the full report is available here.
Explore More News:
Disclaimer: The views expressed in this article are those of the authors and do not necessarily reflect the official policy of CoinsHolder. Content, including that generated with the help of AI, is for informational purposes only and is not intended as legal, financial, or professional advice. Readers should do their research before taking any actions related to the company and carry full responsibility for their decisions.
