Circle Payments Network Surges to $14.7B Annualized Transaction Volume
The Circle Payments Network has reached an annualized transaction volume of $14.7 billion by the end of Q2, growing 76% quarter over quarter.
This significant growth is driven by increasing use of stablecoins beyond cryptocurrency trading.
USDC circulation hit $73.3 billion, with on-chain transaction volume surging 151% to $14.8 trillion.