$CRCL $COIN $BLOK USDC, Circle's dollar stablecoin, a token redeemable one for one in dollars, carried 79% of all stablecoin onchain transaction volume, the transfers recorded on blockchains, in the third quarter by Circle's count, up from 66% a year earlier, on about 27% of supply. Circle's revenue rose 17%, Circle Payments Network passed $58 billion of annualized volume by October 30, from $23 billion at July 31, and Arc, Circle's own blockchain, went live on September 16. The final rules of the Office of the Comptroller of the Currency (OCC) under the GENIUS stablecoin law take effect January 18, and the Fed raised rates in September, which lifts the income on the reserves behind USDC. #Circle #Stablecoins #USDC