The post Cardano stablecoin USDC leads as liquidity surges appeared on BitcoinEthereumNews.com.

Growing on-chain activity is reshaping the cardano stablecoin landscape, with fresh data signaling a clear shift in liquidity and market leadership. USDC supply on Cardano tops 17 million The Cardano network is experiencing a rapid transformation in its stablecoin market, with combined capitalization now above $47 million. Moreover, the newly launched USDC has quickly become the leading asset in this segment, according to figures highlighted by community advocate Cardanians. On-chain data shows USDC currently leads the top four stablecoins on Cardano. The ranking is rounded out by Moneta (USDM), Anzens USDA and the Djed stablecoin, in that order. This reshuffle underscores a fast-growing pool of dollar-pegged liquidity on the proof-of-stake network. Stablecoin activity jumped sharply over the past week as the USDC token went live on the mainnet. Since that deployment, Cardano has recorded a $10.68 million increase in stablecoin value over seven days, representing a gain of more than 28%. That said, the trend remains in its early stages, with further inflows likely to dictate how durable this surge will be. Market share and dominance on the Cardano network In terms of individual capitalization, USDC now sits just behind USDC Moneta with a market cap of $14.53 million. Furthermore, USDA and DJED hold $8.62 million and $3.66 million, respectively. Together, these positions illustrate a more diversified basket of stable assets than in previous cycles. A recent community update captured the sentiment around this shift, noting that the total stablecoin market cap on Cardano is “now at almost $50M” following the influx linked to [$USDCx]. According to the same data, USDC has become the largest stablecoin on Cardano with a 37.20% dominance share, signaling rapid user adoption and capital migration. For years, community members frequently criticized the network’s limited liquidity, especially compared with rival ecosystems. However, this persistent gap in…

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Filed under: News - @ March 2, 2026 6:26 pm