USDC supply nears $61 billion, up 38.6% year-to-date

On-chain data shows that the supply of USDC has climbed to nearly $61 billion, a significant increase of $17 billion from $44 billion at the beginning of the year, an increase of 38.6%, while the total supply of stablecoins has reached $226 billion. During the same period, the supply of USDT has increased modestly from $138 billion to $145 billion.
The total stablecoin supply has reached $226 billion. Ethereum is still the main chain of stablecoins. Of the total supply of $226 billion, Ethereum has $130 billion of the supply. The rest of the stablecoins are scattered on other blockchains, especially TRON and Solana.