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USDC Accounts for 53% of Stablecoin Volume on Fireblocks

Coinfomania reports that USDC leads stablecoin trading activity on Fireblocks with a 53% share.

Coinfomania reports that USDC leads stablecoin trading activity on Fireblocks with a 53% share. USDC (USDC) is trading at $0.9996. This is an original TLT brief based on reporting by Coinfomania, with live market data added, as of Fri, 06 Nov 2026 22:45:03 UTC.

Why it matters

The figure indicates USDC's prominence within one major crypto platform's stablecoin activity, highlighting its role as a settlement and trading asset across digital-asset markets.

Key takeaways
  • USDC represents 53% of stablecoin volume on Fireblocks
  • Coinfomania is the sole outlet covering the finding
  • USDC supply stands at $70.53 billion
  • Crypto markets remain flat amid a Fear & Greed score of 28

Coinfomania reports that USD Coin leads stablecoin activity on Fireblocks, accounting for 53% of the platform's total stablecoin volume. The figure reflects USDC's position within Fireblocks activity rather than its share of the entire global stablecoin market.

The report links USDC's leading share to growing adoption and market interest. Its standing is supported by a verified circulating supply of $70.53 billion from DeFiLlama, although supply size and platform trading volume are separate measures.

Live market data places USDC at $0.999585, unchanged over 24 hours and down 0.01% over seven days. Its market capitalization is $70.37 billion, slightly below the reported circulating supply, consistent with the quoted price remaining marginally below one dollar.

The broader crypto market was comparatively quiet, with total capitalization at $2.62 trillion and an overall flat trend. Bitcoin gained 0.15% over 24 hours, while the Fear & Greed index stood at 28, indicating a Fear reading. The USDC volume result shows the importance of dollar-denominated assets within platform activity even as the wider market showed limited momentum.

Market reaction since this brief Live

Since this brief published about 1 hour ago, USDC (USDC) has moved from $0.9996 to $0.9996 — +0.00%.

$1$1$1$1$1 published · $1 now · $1 (+0.00%) Nov 6 21:42 UTC Nov 6 22:45 UTC
BeforeSince publishPublished · $0.9996

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 ≈ ₦1,379.37 (about $0.9996), up 0.0% over 24 hours. The naira itself trades about 2.4% 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
$0.9996 ▲ 0.01%
7d -0.01%MCap $70.36BFull USDC data →
The market when this published · November 6, 2026
Total market cap$2.62T
Bitcoin 24h+0.15%
Ethereum 24h+0.61%
BTC dominance58.3%
Fear & Greed28 · Fear
On-chain & primary-source check

Figures and sectors in this story, checked live against on-chain aggregators · November 6, 2026.

USDC circulating supply$70.53BDeFiLlama ↗

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.

USDC Accounts for 53% of Stablecoin Volume on Fireblocks — questions & answers

What share of Fireblocks stablecoin volume does USDC hold?

USDC accounts for 53% of total stablecoin volume on Fireblocks, according to Coinfomania.

Does 53% represent USDC's global stablecoin market share?

No. The figure specifically measures USDC's share of stablecoin volume on Fireblocks.

How large is USDC's circulating supply?

DeFiLlama reports a USDC circulating supply of $70.53 billion.

How much is 1 USDC worth in naira today?

About ₦1,379.37 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $0.9996. 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 Coinfomania. 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 · November 6, 2026 ⛓ Timestamped at Bitcoin block #974,862 sha256:386f0526f35bb1ac
Based on reporting by Coinfomania — this is an original TLT summary with live market data, not the original article.Coinfomania · Nov 6 21:42 ↗

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.