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Circle's Arc blockchain surpasses $1B USDC supply six weeks after launch amid global stablecoin decline

Protocol Fundamentals
02 Nov 2026, 14:32 WIB
Crypto Briefing
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Bullish
Circle's Arc blockchain surpasses $1B USDC supply six weeks after launch amid global stablecoin decline

Circle's Arc blockchain reached over $1 billion in USDC supply just six weeks after its public mainnet launch in mid-September 2026, marking a 109% growth in 30 days. This milestone is notable as it occurred while the global stablecoin market was contracting, highlighting strong adoption on Arc. However, about 73% of the USDC supply is concentrated in the top four addresses, which may affect the supply's stability and distribution. Going forward, key points to watch include whether growth sustains, if address concentration decreases, and if other stablecoins join the network.

The USDC supply on Circle's Arc blockchain recently surpassed $1 billion after a 109.4% increase in 30 days, providing context for readers. For those tracking major cryptocurrencies on Pluang as of Nov 02, 2026 19:42 WIB, 7 out of 50 assets rose while 42 fell. Notable movers include EOS at Rp12,649 with an 8.13% gain and a typical hold time of 87 days, BAT at Rp2,394 down 5.58% with 73% sell order activity, and CRV at Rp4,969 down 4.46% with 57% sell order activity and a 62-day hold time.

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