Kaiko: The supply and trading volume of USDC reached a new high in Q2, with approximately 40000 wallets holding over 100 USDC coins per week by 2025 According to Kaiko's latest data, Circle's current valuation has reached $18 billion, an increase of 270% compared to its IPO price of $31. The supply and trading volume of USDC reached an annual high in the second quarter, accounting for 20% of the stablecoin market, mainly driven by Binance. In addition, the Euro stablecoin EURC holds a 47% market share in the Euro stablecoin market. By 2025, there will be approximately 40000 wallets holding over 100 USDCs per week.