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Sei Network Tops Hedera, Near, Tron in Native USDC Circulation

source-logo  crypto-news-flash.com 09 August 2025 13:37, UTC
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  • Sei Network surpasses Hedera, Near, Tron, and Unichain in native USDC circulation within its first two weeks.
  • Network activity surges with multi-billion-dollar daily stablecoin transactions and over a billion in monthly DEX volume.

In just two weeks since the launch of native USDC on its network, Sei Network claims to have surpassed Hedera, Unichain, Near, and Tron in the number of stablecoins in circulation. While SEI doesn’t disclose exact figures, third-party data shows that in the first ten days, approximately $110 million in native USDC entered the network. This figure puts SEI ahead of several other major players that had previously integrated USDC.

The stablecoin transaction volume on the network has also attracted attention. Recent records show that daily USDC transactions on SEI reached $4.68 billion, while trading volume on SEI-based DEXs reached $1.53 billion throughout July.

This surge demonstrates that the SEI ecosystem is not only bustling at the outset but is also beginning to develop an active user base. Furthermore, this high on-chain activity suggests that SEI’s stablecoins aren’t just sitting in wallets, but are actually being used.

In just 2 weeks, Sei has surpassed Hedera, Unichain, Near, and Tron in native @USDC in circulation.

With stablecoin flows and DEX volumes in the billions, the momentum is clear.

Sei is becoming a preferred settlement layer for stablecoin activity.

Markets Move Faster on Sei.

— Sei (@SeiNetwork) August 8, 2025

Sei Network Expands Reach Through MetaMask and Chainlink

On the other hand, the CNF recently reported that official support for the Sei network from MetaMask has finally arrived. MetaMask has now added Sei as its default network, making it easier for users to access various services in this ecosystem without the need for complicated technical configurations.

Everything from token swaps and cross-chain transactions to DeFi applications can be done directly from the wallet, which is already familiar to Web3 users. This move clearly opens the door for adoption by new users who may have previously been reluctant to try it due to technical reasons.

Furthermore, in mid-July, Sei Network also announced its integration with Chainlink CCIP. This technology enables fast and secure cross-chain asset transfers by leveraging the oracle infrastructure used by large institutions.

Chainlink CCIP itself currently secures over $18 trillion in on-chain value, and its integration with Sei strengthens the network’s position as a leading choice for cross-blockchain asset flows.

Rising Transaction Volume Drives Network’s Market Performance

The combination of native USDC growth, increasing transaction volume, and support for new technologies appear to be driving SEI’s price movement in the market.

At the time of writing, SEI is trading at about $0.3222, up 5.57% in the last 24 hours and 15.14% in the last seven days. While the crypto market is notoriously volatile, this trend signals that investors are beginning to see the potential this network offers.

However, early success like this is often accompanied by new challenges. Competition from other major networks will remain fierce, especially as some continue to expand stablecoin support and improve their infrastructure.

The question is, can SEI maintain this advantage in the medium term? With a capital integration strategy and user adoption starting to take shape, the opportunity is clearly there.

crypto-news-flash.com