Arc stablecoin supply jumps 33.51% to $830 million as global float dips

Arc’s stablecoin supply expanded sharply over the past week, increasing 33.51% to reach approximately $830.34 million, according to DefiLlama data. This surge stands in contrast to a slight contraction in the total global stablecoin supply, which declined by $1.25 billion during the same period to roughly $304.89 billion. Almost all of the stablecoin supply on Arc comes from Circle’s USDC, which alone accounts for around $821 million. This figure represents nearly 98.9% of Arc’s total stablecoin float, marking a weekly gain of around 34% for USDC on this network. Small amounts of euro and sterling-pegged tokens are also present, but their contributions remain marginal. Globally, Tether (USDT) continues to lead with about $182.51 billion in circulation, making up 59.86% of the total stablecoin market.

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