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Circle's USDC Dominates Stablecoin Market

Circle reported that USDC accounted for 79% of the transaction volume of all stablecoins in the third quarter of 2026, up from 66% a year ago. USDC's on-chain transaction volume reached $13.9 trillion, up 49% year-on-year. Circle's infrastructure, including Arc Mainnet and Circle Payment Network, also saw significant growth during the quarter.

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