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USDC supply on Stellar jumps 35% in 30 days after Circle launches cross-chain transfer protocol

Protocol Fundamentals
08 Aug 2026
Crypto Briefing
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Bullish
USDC supply on Stellar jumps 35% in 30 days after Circle launches cross-chain transfer protocol

The supply of USDC stablecoin on the Stellar network increased by 34.7% in the past month, reaching a market cap of $365.5 million. This growth follows Circle's deployment of its Cross-Chain Transfer Protocol (CCTP) on Stellar in May 2026, which enables seamless USDC transfers across 23 blockchains without relying on risky wrapped tokens or bridges. Stellar has quietly become a key network for cross-border payments, processing over 4.5 million USDC transactions and $3 billion in payment volume since USDC's launch there in 2021. While Stellar's USDC supply is still a small fraction of the total $72 billion USDC circulation, the recent surge highlights growing demand for low-cost, secure multi-chain payment options.

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