The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
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Sign InAmid the ongoing expansion of the stablecoin ecosystem, total USDC cross-chain transfers via Circle Gateway have surpassed the $4.5 billion milestone. According to reports, the platform achieved a new record for weekly transaction volume, signaling a significant uptick in demand for interoperability solutions. This surge is primarily driven by increasing market reliance on efficient cross-chain liquidity for USDC across various blockchain networks.
This growth strengthens USDC's positioning as a preferred institutional choice, especially when compared to peers like Tether (USDT), which dominates direct trading volumes but faces rising competition in the cross-chain sector. Per market data, the expansion of Cross-Chain Transfer Protocols (CCTP) has enabled Circle to reduce friction in capital movement, a trend reflected in the growing total value locked (TVL) within DeFi applications.
Traders should monitor the sustainability of these record volumes amid broader market volatility. Looking at the economic calendar, the release of US Non-Farm Payrolls on July 2, 2026, could influence risk sentiment in the digital asset market, subsequently impacting liquidity levels and the demand for stablecoins as hedging or trading instruments.