Analysis: Ethereum remains the dominant network of USDC, closely followed by Solana with over 10 billion on chain issuances

Odaily Planet Daily News: According to the market, the market value of Circle's USD stablecoin USDC has exceeded $60 billion, setting a new historical high and increasing by 100% year-on-year compared to $30 billion in March 2024. According to the distribution on the chain, although Circle has issued a large amount of USDC in Solana this year, Ethereum is still the dominant network for this stablecoin, with a balance of 36 billion Ethereum coins, about 10 billion Solana coins, about 3.7 billion Base coins, about 2.2 billion Hyperliquid coins, about 1.8 billion Arbitrarum coins, and about 1 billion Berachain coins. （The Block）