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USDC Crushes It: WalletConnect Network Logs Record-Breaking $155.9 Billion Volume

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WalletConnect Network processed $155.9 billion in USDC volume during the first half of 2026, according to a report by Saman Nargund, Ecosystem & Marketing Partnerships Lead at WalletConnect.

The majority of this volume came from institutional custodians, with decentralized finance (DeFi) absorbing the largest share of $149.79 billion in USDC flow.

USDC accounted for 56.1% of the network's total stablecoin volume, making it the preferred asset for both institutions and retail users worldwide.

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