Summary
- It was reported that the market cap of the stablecoin USDC has reached an all-time high of $60.2 billion.
- This is a 100% increase compared to March last year, indicating that USDC adoption is rapidly increasing.
- The total stablecoin market cap also surpassed $230 billion, setting a new all-time high.
The market capitalization of the stablecoin USD Coin (USDC) has reached an all-time high.
On the 26th (local time), The Block reported, "USDC's market cap has reached $60.2 billion, setting a new all-time high," and added, "This is a 100% increase compared to March last year ($30 billion)."
The media stated, "Circle is continuously working on expanding the USDC ecosystem and improving infrastructure," and noted, "The all-time high indicates that USDC adoption is rapidly increasing."
Meanwhile, the total stablecoin market cap also surpassed $230 billion, setting a new all-time high alongside.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
