USDC Supply Surges 70% Since January as Regulatory Compliance Reshapes Stablecoin Market

Circle's USDC has expanded its circulating supply by over 70% since January, outpacing Tether's USDT growth by more than double, according to JPMorgan Chase analysts. The divergence reflects a market shift toward regulatory compliance, driven by frameworks such as the EU's MiCA legislation. MiCA mandates strict transparency and reserve disclosure standards for stablecoin issuers operating in European markets.