In a bear market, the stablecoin market is not at all in decline.


On April 7th, Circle minted another 500 million USDC on Solana. In the past 7 days, Circle has been aggressively minting 3.25 billion USDC on Solana, setting a single-week record since 2026.
Ethereum is also not falling behind, with a total of approximately 25 billion USDC, mainly used for large-scale capital deposits, long-term staking, and institutional-level lending, forming the core base of USDC.
Base has 4.5 billion USDC, backed by Coinbase, handling a large influx of retail funds and social protocol liquidity. Arbitrum, as an established Layer 2, caters to Ethereum’s overflow DeFi demand.
Recently, Solana has been aggressively expanding as a super casino + exchange, with extremely high capital turnover, truly competing in the RWA asset yield battlefield.
SOL5,93%
ETH6,97%
ARB9,19%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin