Introduction Circle's latest State of the USDC Economy Report highlights groundbreaking achievements for the USD Coin (USDC) stablecoin in 2024. With $20 trillion in cumulative transaction volume and a 78% growth in circulation, USDC has emerged as the fastest-growing stablecoin, reshaping the digital financial ecosystem. Key Highlights from 2024 Transaction Volume : USDC reached a staggering $20 trillion in cumulative transactions, including $1 trillion in November alone, a testament to its increasing adoption. Market Position : With a market capitalization exceeding $45 billion, USDC is now the second-largest USD-pegged stablecoin and the seventh-largest cryptocurrency overall. Global Reach : Integrated across 16 blockchains, USDC is accessible in 180+ countries, serving over 500 million end users through platforms like Coinbase, Stripe, and MoneyGram. Driving Factors Regulatory Compliance : Circle became the first global stablecoin issuer to align with the EU's MiCA frame...