# USDC Accounts for 79% of Stablecoin Trading Volume in Q3

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/49146
Published: 2026-11-05T08:11:53.000Z
Updated: 2026-11-05T08:11:53.000Z
Section: Investing

> Circle Payments Network had annualized payment volume above $58 billion and 205 connected financial institutions.

USDC, a digital token used to settle transactions, accounted for 79% of stablecoin trading volume in the third quarter, up from 66% a year earlier, while Circle Payments Network's annualized payment volume exceeded $58 billion.

Circle Payments Network had 205 financial institutions connected.

The Arc mainnet launched Sept. 16 with 11 founding validators and more than 100 applications.