The supply of USDC has exceeded 60 billion US dollars, with 60% of it on the Ethereum chain leading the way

According to DefiLlama data, the key statistics for USDC when Circle submitted its IPO application were: USDC supply exceeded $60 billion, higher than the low point of $24 billion in 2023; 60% of USDC supply is on Ethereum, followed by 16% on Solana and 6% on Base. At the beginning of 2023, Ethereum's dominant position will exceed 85%; The market share of USDC in the stablecoin market is 25.7%, lower than the peak of over 35% in 2022.