Circle, the issuer of USD Coin (USDC), announced that global stablecoin payment volume has reached $7 trillion.
In its statement on its official website, Circle stated that it exported stablecoins He revealed remarkable data about the Global stablecoin payment volume 7 trillion last year stating that it exceeds the dollar Circle, Visa And Mastercard If its volume is is 14 trillion told.
According to data, Latin American citizens 51% shopping It uses digital currencies to do so. of these citizens one third in daily shopping It uses stablecoin.
Circle predicts that blockchain technology will be both in the near future. in Latin America He also stated that it could cover all economic activity worldwide. Finance on blockchain can solve problems that cannot be solved by traditional finance methods specified.
about every day 4 billion USDC The company emphasized that it changed hands, from 190 in many countries USDC of 2 million people He said he had it. Circle also made statements about the reserves of stablecoins and noted that detailed reports are shared regularly.
Current market value of USDC according to CoinGecko data 24.1 billion is dollar And Tether (USDT) behind 2nd largest stablecoinis.
