<p>The total supply of stablecoin USDC surpassed 1 billion on July 1, network data shows. </p> <p>The stablecoin, issued by the CENTRE consortium backed by Coinbase and Circle, experienced a supply surge in June when its total jumped 37% from 730,920,001 to 1,002,228,740. The number also represents a 93% increase from the beginning of the year. </p> <p><img class="size-full wp-image-70336 aligncenter" src="https://www.tbstat.com/wp/uploads/2020/07/USDC.png" alt="" width="2760" height="1260" /></p> <p>Despite the growth, however, USDC is still far behind tether, the most popular stablecoin in the world. The total Tether supply is ten times that of USDC, according to <a href="https://coinmetrics.io/charts/#assets=usdteth,usdttrx,usdt_left=CapMrktCurUSD_zoom=1581195545728.643,1593561600000" target="_blank" rel="noopener noreferrer">Coin Metrics</a> data. </p> <p>At press time, the total market share of USDC on Ethereum stands at around 13%, while Tether still leads the pack with 78%. Tether is also issued on Omni and Tron.</p> <p><iframe src="https://explore.duneanalytics.com/embed/query/5477/visualization/10812?api_key=CSZ54mzk3VkfGNYhaZ6yEsRZv1QMqoWPr6MmfnJP" width="700" height="480"><span data-mce-type="bookmark" style="display: inline-block; width: 0px; overflow: hidden; line-height: 0;" class="mce_SELRES_start"></span><span data-mce-type="bookmark" style="display: inline-block; width: 0px; overflow: hidden; line-height: 0;" class="mce_SELRES_start"></span><span data-mce-type="bookmark" style="display: inline-block; width: 0px; overflow: hidden; line-height: 0;" class="mce_SELRES_start"><span data-mce-type="bookmark" style="display: inline-block; width: 0px; overflow: hidden; line-height: 0;" class="mce_SELRES_start"><span data-mce-type="bookmark" style="display: inline-block; width: 0px; overflow: hidden; line-height: 0;" class="mce_SELRES_start"></span></span></span></iframe></p>