The regulated stablecoin is growing faster than Tether and just landed a New York trust charter to bootA year ago, USDC had a market cap problem. Fast forward to August 2026, and Circle’s stablecoin has quietly added roughly $8 billion in market cap over the past twelve months, bringing its total to approximately $72 billion. The numbers behind the comebackUSDC’s market cap reached $75.12 billion in January 2026, representing 73% year-on-year growth. AdvertisementThe $7.9 billion increase over the past year lands USDC at around $72 billion in circulating supply as of early August 2026. USDC is natively supported across 35-plus blockchains and Circle’s $150 billion supply target, up from $112 billion earlier this year, carries implications for the broader market.