USDC

<ul><li>USDC&#39;s market cap reaches $34 billion, indicating strong user confidence and demand.</li><li>Enhanced liquidity facilitates stable, easy transactions, reinforcing USDC&#39;s role as a dependable stablecoin.</li><li>The recent minting of 250 million USDC highlights ongoing investment and trust in cryptocurrency stability.​​</li></ul>The circulating supply of USD Coin (USDC) has recently surged by over $34 billion, marking a significant boost to its overall market presence. This expansion indicates a robust demand for this stablecoin, often considered a reliable store of value during fluctuating market conditions.<a href="https://cryptotale.org/coinbase-partners-with-stripe-to-integrate-usdc-and-enhance-crypto-onboarding/" rel="noopener noreferrer nofollow">USDC</a> maintains its value by being directly pegged to the U.S. dollar, ensuring stability in transactions and holdings. As of today, the price of USDC stands steady at $1.00, with the 24-hour trading volume reaching approximately $6.7 billion. Despite a minor dip of 0.01% in the last day, the stability of USDC remains largely unaffected.This increment in supply positions USDC at the sixth rank on CoinMarketCap, with a market capitalization of roughly $34 billion and a circulating supply nearing 34 billion USDC coins.The recent boost in USDC&#39;s supply signifies growing user confidence. It portrays USDC as a safer asset during volatile periods in the cryptocurrency markets.<a href="https://cryptotale.org/usd-stablecoin-usdc-sees-surge-in-market-presence-as-supply-hits-34-billion/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

USD Stablecoin USDC Sees Surge in Market Presence as Supply Hits $34 Billion

CryptoTale

Andre artikler udgivet 22. jul. 2024

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