# Algorand Says USDC Set a New Annual Transaction Record on Its Network

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/53429
Published: 2026-11-11T00:20:46.000Z
Updated: 2026-11-11T00:20:46.000Z
Section: Investing

> Circle issues USDC as a stablecoin designed to maintain a value pegged to the U.S. dollar.

Algorand said USDC transactions on its network have set a new annual record, marking a usage milestone for the stablecoin on the blockchain.

Circle issues USDC, which is designed to maintain a stable value pegged to the U.S. dollar. The milestone concerns transaction activity on Algorand’s network.