PANews reported on June 5 that Juan Leon, senior investment strategist at Bitwise, wrote on the X platform that Circle's IPO has attracted market attention, and Circle's annual revenue has increased by 118% between 2022 and 2024. USDC currently accounts for about 30% of the stablecoin market share, and its supply has increased from less than US$3 billion in 2020 to more than US$60 billion in 2025 (more than 70% in Ethereum and its L2 ecosystem).

In terms of trading volume, USDC's monthly trading volume has increased from less than US$50 billion in 2020 to more than US$2.3 trillion in May 2025. From the perspective of transaction distribution, USDC was mainly concentrated on the Solana blockchain in 2024, but in 2025 it had been concentrated on Ethereum and Base.