USDC Surges to $2.8B Daily DEX Volume Amid Broader DeFi Recovery

USDC's daily trading volume on decentralized exchanges has hit $2.8 billion, marking a new 30-day high in DeFi activity.

This surge in volume comes amid a broader recovery in DeFi volumes and highlights USDC's strong position in the market.

The stablecoin now accounts for about 77% of adjusted on-chain transfer volume year-to-date, with $32 trillion settled through August 2026.

Much of this activity is driven by liquidity provision and automated trading on platforms like Base and Solana.

This growth underscores USDC's position as a leader in DeFi, supported by Circle's regulatory compliance and institutional trust.