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USDC stablecoin hits record $1.21T volume in June, dominating two-thirds of stablecoin transactions.

Protocol Fundamentals
06 Jul 2026
Crypto Briefing
View Source
Bullish
pluang ai news

In June 2026, stablecoin transaction volume reached a record $1.79 trillion, with Circle's USDC capturing about 67% or $1.21 trillion of that total. This marks a significant shift in the stablecoin market, as USDC's share of on-chain activity outpaces Tether's USDT, which held 32%. The surge is driven by USDC's regulatory compliance and growing use in payments and enterprise settlements, positioning it as the preferred stablecoin for institutional users. This trend highlights USDC's increasing economic utility and could strengthen Circle's case if it pursues a public listing.

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