USD Coin (USDC) reached over $20 trillion in cumulative transaction volume in 2024, with $1 trillion in November alone. USDC’s growth is attributed to its integration into various blockchain platforms and its advantages over fiat money, such as cost efficiency and global reach. Partnerships with fintech companies and integration in venues like the Apple Store have expanded USDC’s adoption, particularly in emerging economies like Latin America and Africa. Regulatory advancements, blockchain technology improvements, and the creation of new products have also contributed to USDC’s growth.

Leave a Reply