USDC Distribution Reaches New Heights as XDC Network Explodes

New data from Token Terminal reveals a significant shift in stablecoin adoption, with alternative blockchain networks experiencing rapid growth in USDC circulation. The past 30 days have seen the XDC Network lead the charge, seeing a staggering 91% increase in USDC supply, a figure that marks it as the second fastest-growing deployment of USDC across multiple networks. The impressive rise reflects increased activity on Hyperliquid and Sonic blockchains, too, with a notable increase of 102.5% and 86.1% respectively.