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USDC sets a new annual transaction record on Algorand in 2026

Circle's USDC has achieved a new yearly transaction volume high on the Algorand blockchain network.

So what

Record transaction throughput on alternative layer-1s demonstrates expanding network utility for regulated payment rails. This validates multi-chain issuance strategies for institutional stablecoins, reducing reliance on Ethereum congestion and optimizing gas costs for high-frequency settlement use cases.

EntitiesProductsUSDCNetworksSource: The Cryptonomist ↗

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