USDC Hits note the 60b market hat, outweighs 2022 tall and weighing USDT growth

Circle’s USDC StableCoin has reached $ 60 Billion Market Rolling Caps, exceeds its previous $ 55 billion in June 2022. Years.

USD coin (USDC) reached the new historically high, outweighs a 60 billion dollar market hat and exposes the main competitive attachment (USDTT) in grow in the last three months. During this period of time, USDC added $ 16.3 billion to its offer while USDT’s supply increased by only $ 4.4 billion. Analytics artemis. However, USD is still dominated by Stablecoin market, with its market capital that is currently at $ 144 billion.

The key driver of this growth was an increase in the activity of Stablecoin on the Solana (Salt), with the value of stablecoins on the network recently crossing 10 billion dollars for the first time, largely stimulated by a crowd of USDC. Toward DefilesThe USDC now represents almost 80% of the total with Solana Totalecoin Trangecap of over 12 billion dollars.

Stablecoins recently acquired in towing to provide governments around the world Greater bureau of regulatory regulation about their issuance and use. In 2024. years, the amount of StartCoin transaction surpassed in Visa and Mastercard for almost 8% Stablecoin landscape report would be checked. During this period, the supply of Stablecoin increased by 59% – exploding 200 billion dollars-pushing stallecoin stake from the total US dollar offer at 1%worse than 0.63% at the beginning of the year.

Moreover, many financial and crypto providers have launched their stablecoins. Noticeable examples include Paypal’s Piusdbacked by the deposits of US dollars and short-term cashiers and Ripple’s dollar is supported.

Recently, World Freedom of Financial Inc. launched USD1, Stablecoin who fully supported American cash registers and cash deposits, initially arranged at Ethereum (El) and a smart chain bynance (Bnb). Addressing concerns that USD1 could replace USD and USDC, Changpeng Zhao recently listed That more stablecoins, “Merrier”. Steady-stable growth is good for crypto because they serve as a key source of liquidity and their expansion supply means growing demand for investors.