USDC logs $81.2 billion in 30-day DEX volume, exceeding its entire supply
- —USDC generated $81.2 billion in DEX volume over 30 days, about half of all stablecoin activity
- —Uniswap v3 and v4 handled $26.4 billion of USDC volume, roughly a third of the total
- —All stablecoins across 35 venues produced $161.4 billion in DEX volume over the same window
- —USDC circulating supply stood at about $74.6 billion at the end of September 2026
Why it matters: Trading volume exceeding USDC's entire supply underscores the stablecoin's dominance in DEX liquidity, though flash loans may inflate part of the headline figure.
Source: Crypto Briefing