Circle Internet stock price continued its bull run this week, soaring to the highest level since November 3rd last year.

It has jumped by 120% from its lowest point this year, and its strong fundamentals suggest that it has more upside going forward.

USDC transaction volume is beating USDT

While USDT is the biggest stablecoin in the world by far, data shows USDC is firing on all in some metrics.

For example, data compiled by Artemis shows that it handled over 1 billion transactions in the last 30 days, while USDT had 713 million.

Similarly, that network had a volume of $5.9 trillion in this period, also higher than USDT’s $1.1 trillion. 

This divergence is happening even as the total supply of USDT in circulation has jumped to over $183…