USDC Issuer Circle Posts Record $770M Revenue as Tokenized Treasury Market Hits $10.8B Milestone
The tokenized Treasury market has surged to $10.8 billion, with $1 billion added since January alone. BlackRock's BUIDL fund now holds $1.2 billion of these on-chain assets, while the DTCC—which processed $3.7 quadrillion in 2024—is preparing its own tokenization service. This institutional momentum confirms blockchain's integral role in the future of finance.
Circle's explosive Q4 results underscore the trend. The stablecoin issuer generated $770 million in revenue as USDC circulation reached $75 billion, sending its shares up 20%. Meanwhile, DeepSnitch AI's presale has surged 175% to $0.04146 ahead of launch, with five live AI agents demonstrating tangible utility—a stark contrast to BlockDAG's delayed roadmap and community skepticism.