Artemis Founder: The market capitalization of USDC may exceed 370 billion USD by 2029.

Jon Ma, founder of Artemis, a cryptocurrency institutional data platform, said in a post on the X platform that the Circle Payment Network (CPN) has been added as a revenue item, and the data predicts that the scale of B2B payments will exceed $570 billion in 2029, and if 20% of them are in CPN, then 0.1% of the commission income will flow to Circle. In addition, according to the current growth rate of the stablecoin market, if the stablecoin supply increases by 30% year-on-year to $1.2 trillion in 2029, its market capitalization may exceed $370 billion, a year-on-year increase of 32%, based on USDC's 28.5% stablecoin market share.