Home
News
Details

USDC transaction volume surges 20x in 18 months, with Polygon and Base handling 68%

iconTechFlow
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
This is the logo of the coin.
USDC
$1.001-0.01%
This is the logo of the coin.
SOL
$83.011.5%
This is the logo of the coin.
MATIC
----
AI summary iconSummary

expand icon
USDC transaction volume surged 20-fold over 18 months, reaching 613 million in January 2026 up from 31 million in July 2024 across 49 blockchains. Polygon and Base accounted for 68% of the transaction volume, driven by low fees and fast settlement. Polygon averaged over 12 million daily USDC transactions, surpassing Solana. Base processed $530 billion in USDC trading volume in January. Circle now supports 30 chains, with its CCTP protocol enabling over $126 billion in cross-chain transfers.

According to Crowdfundinsider, Dune Analytics data shows explosive growth in USDC transaction activity. Among the 49 networks queried, monthly USDC transaction volume rose from 31 million in July 2024 to 613 million in January 2026, representing a 20-fold increase in just 18 months. Polygon and Base together processed 68% of all USDC transactions, thanks to their low fees, fast settlement times, and optimization for everyday financial workflows. Polygon has set new records, averaging over 12 million daily USDC transactions, surpassing Solana to become the top USDC chain. Base processed $5.3 trillion in USDC transaction volume in January. USDC issuer Circle has expanded native support to 30 blockchains and enhanced its Cross-Chain Transfer Protocol (CCTP), which has enabled over $126 billion in seamless transfers. Integration with traditional financial giants such as Visa, Stripe, and Shopify has also played a key role.

Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.