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Arc Stablecoin Supply Surges 33.51% to $830M Amid Market Downturn

Arc's stablecoin ecosystem shows significant growth while the broader market experiences a decline in stablecoin usage.

Arc's stablecoin ecosystem shows significant growth while the broader market experiences a decline in stablecoin usage. USDC (USDC) is trading at $0.9998. This is an original TLT brief based on reporting by Live Bitcoin News, with live market data added, as of Sat, 24 Oct 2026 03:00:10 UTC.

Why it matters

This development highlights a shift in stablecoin adoption dynamics, with Arc gaining traction for USDC storage despite a contraction in the overall stablecoin market. It suggests potential opportunities for alternative chains to capture market share during periods of broader crypto volatility.

Key takeaways
  • Arc's stablecoin supply rose 33.51% to $830.34M in the past week.
  • USDC accounts for nearly all of Arc's stablecoin balance.
  • Global stablecoin supply declined during the same period.
  • Market cap remains at $2.78T with Bitcoin down 0.43% in 24 hours.
The story so far · 2 briefs
  1. USDC Leads Stablecoin Market with AI Payments Growth and Stable Supply
  2. Arc Stablecoin Supply Surges 33.51% to $830M Amid Market Downturn — this brief

Arc's stablecoin supply has grown significantly, rising by 33.51% over the past week to reach $830.34 million, according to DefiLlama's Arc tracker. This surge in Arc's stablecoin ecosystem contrasts with the overall decline in the global stablecoin market.

The growth in Arc's stablecoin balance is primarily driven by USDC, which constitutes nearly all of the chain's dollar inventory. This indicates a potential shift in where users are choosing to store their stablecoins amid broader market volatility.

While Arc's stablecoin supply is increasing, the global stablecoin market is experiencing a contraction. This suggests that alternative chains like Arc may be attracting users looking for alternatives to traditional stablecoin storage solutions.

The broader crypto market remains relatively stable with a total market cap of $2.78 trillion. However, Bitcoin has seen a slight decline of 0.43% in the past 24 hours. The Fear & Greed Index stands at 51, indicating a neutral market sentiment.

The USDC circulating supply, as verified by DeFiLlama, is $71.84 billion, with the coin's price at $0.999745, showing a marginal increase of 0.03% in the last 24 hours.

Market reaction since this brief Live

Since this brief published about 7 hours ago, USDC (USDC) has moved from $0.9997 to $0.9998 — +0.00%.

$1$1$1$1$1 published · $1 now · $1 (+0.00%) Oct 23 19:44 UTC Oct 24 03:01 UTC
BeforeSince publishPublished · $0.9997

The chart plots USDC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.

What this means in naira

At today's peer-to-peer rate, 1 USDC ≈ ₦1,381.66 (about $0.9998), up 0.0% over 24 hours. The naira itself trades about 3.9% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.

Live market data

Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.

USDC
#6
$0.9998 ▲ 0.03%
7d -0.01%MCap $71.66BFull USDC data →
The market when this published · October 23, 2026
Total market cap$2.78T
Bitcoin 24h-0.43%
Ethereum 24h-0.33%
BTC dominance58.5%
Fear & Greed51 · Neutral
On-chain & primary-source check

Figures and sectors in this story, checked live against on-chain aggregators · October 24, 2026.

USDC circulating supply$71.84BDeFiLlama ↗
Bitcoin DeFi TVL$4.31BDeFiLlama ↗

TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.

Arc Stablecoin Supply Surges 33.51% to $830M Amid Market Dow — questions & answers

What is driving Arc's stablecoin growth?

The growth is primarily due to increased USDC storage on the Arc chain.

How does this compare to the overall stablecoin market?

While Arc's stablecoin supply is rising, the global stablecoin market is contracting.

What is the current state of the crypto market?

The total market cap is $2.78T, with Bitcoin down 0.43% in 24 hours.

How much is 1 USDC worth in naira today?

About ₦1,381.66 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $0.9998. The naira price moves with both USDC's US-dollar price and the USDT/NGN rate; use our USDC in naira page for any amount.

Which outlets reported this story?

This is an original TLT brief that synthesises reporting from Live Bitcoin News. It is not a copy of any one article — follow the source links above for the original reporting.

TLT Newsdesk Data-stamped

TLT's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · October 24, 2026 ⛓ Timestamped at Bitcoin block #972,859 sha256:f59bead76723d1c3
Based on reporting by Live Bitcoin News — this is an original TLT summary with live market data, not the original article.Live Bitcoin News · Oct 23 19:44 ↗

Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.