Latest data shows that USDC activity on the Ethereum network has reached an all-time high!!!
Although the unpaid supply remains solid at around $40 billion, the total on-chain transfers of USDC have surged to $635 billion, with a frequency exceeding 7.2 million transactions, setting a new record.
This surge not only reflects the deep application of USDC in DeFi and everyday payments, but also highlights Ethereum's irreplaceable position as the main settlement hub for stablecoins.
While the supply remains stable, the activity has skyrocketed, indicating that users are increasingly relying on USDC for high-frequency, low-cost transactions, driving the seamless integration of on-chain finance with traditional finance.
The stablecoin infrastructure of the Ethereum ecosystem is ushering in a new round of explosion.
