USDC Market Share

Definition ∞ USDC market share refers to the proportion of the total stablecoin market that is held or utilized by USD Coin (USDC). It indicates the relative prevalence of USDC compared to other stablecoins in terms of circulating supply or trading volume. This metric is a key indicator of a stablecoin’s adoption and influence within the digital asset economy.
Context ∞ News concerning USDC market share often relates to its competitive standing against other stablecoins like USDT, its growth trajectory, and its adoption across various DeFi platforms and exchanges. Fluctuations in its market share can signal shifts in user preference, regulatory impacts on stablecoin issuers, or the perceived trustworthiness of different stablecoin models. Analyzing this share helps understand the evolving landscape of digital dollar equivalents.