The popular go-between for crypto traders keeps its dollar peg with a mix of cash, cash equivalents and U.S. Treasuries. There are just under 52 billion USDC in circulation as of press time, according to Circle’s website. USDC is the crypto market’s second-largest stablecoin by issuance size, behind only Tether’s USDT.
Related posts
-
QCP Capital: Risk Assets Rise on Global Stimulus Outlook
According to a weekend market insights analysis provided by... -
Ethena Announces UStb Stablecoin Backed by Blackrock’s BUIDL
In a thread on X, the team addressed some of these concerns, pointing out that while... -
Celo Blockchain Challenges Tron’s Leadership in Active Stablecoin Addresses After USDT Deployment
On Wednesday, Ethereum founder Vitalik Buterin cheered Celo’s progress on X, galvanizing investor interest in the...