The circulating supply of Circle’s United States dollar-backed stablecoin, USD Coin (USDC), has risen 80% from cyclical lows as onchain activity picks up, according to data from Blockworks Research.
The surge hints at fresh capital flowing into the market, likely fueled by hopes of a spot ETF listing in the U.S. Speaking of stablecoins, USDC is stealing the spotlight as the star performer ...
The data analysis platform reported on Jan. 31 that the stablecoin market cap rose 73% from $121.18 billion in August 2023 to reach an all-time high of $211 billion, while USDC (USDC ...
Circle’s USD Coin (USDC) witnessed remarkable growth in 2024, with its circulation increasing by 78% year-over-year, according to a report shared by the stablecoin’s issuer. The company's ...
With an eye on U.S.-founded cryptocurrencies like USD Coin (USDC), Solana (SOL), and XRP (XRP) over Bitcoin (BTC), Donald Trump is apparently proposing a U.S. crypto reserve. According to the New ...