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USDC supply crosses $50 billion market cap for the first time since 2022
The incident caused USDC to briefly depeg from the US dollar, leading to a massive sell-off by several holders who opted for USDT. Interestingly, USDT also recorded around 50% growth in its market ...
bitcoin4d
Stablecoins – Stability in a Volatile World
USD Coin (USDC) is a stablecoin issued by Circle Internet Financial, designed to maintain a 1:1 peg with the U.S. dollar. This peg is achieved by backing each USDC token with equivalent reserves in ...
CoinTelegraph9d
USDC hits $56.3B market cap, regains losses from bear market
Circle’s USD Coin (USDC) reached a $56.3 billion market capitalization on Feb. 10, according to CoinGecko data, erasing the losses it sustained during the most recent bear market. The $56.3 ...
Yahoo Finance8d
USDC Market Cap Jumps to $56.3 Billion as Stablecoin Sector Grows and U.S. Lawmakers Push for Regulation
Circle’s USD Coin (USDC) has regained its losses from the bear market, reaching a market capitalization of $56.3 billion as of Feb. 10, according to CoinMarketCap. This marks a 23.4% increase ...