Golden Finance reports that with the rebound in on-chain activities, the market value of Circle’s U.S. dollar stablecoin USDC has increased by 80% from the low in 2023. According to CoinGeck data, as of January 2, the circulating supply of USDC is close to 44 billion U.S. dollars, almost Less than double the low of $24 billion in 2023, about 65% of the USDC supply is on the Ethereum chain and 10% on the Solana chain, approx. 15% is on the Base, Arbitrum and Hyperliquid chains. Analysts expect this trend to continue and the USDC market value may double this year.