Uniswap now processes 57% of stablecoin trading volume on EVM-compatible chains, up from 43% at the start of the year. This dominant position will be reinforced on September 16, when Circle’s Layer-1 blockchain Arc launches its public mainnet, with Uniswap providing swap infrastructure from day one. Uniswap’s cumulative trading volume has now surpassed $4.4 trillion. Arc’s founding validators include BlackRock, DTCC, Visa, Mastercard, and Standard Chartered, and over 100 builders are already active on its private mainnet. The UNI token has rallied in response to these developments, and the market share Uniswap captures on Arc will determine whether its competitive advantage extends to this new chain.
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