Circle’s stablecoin, USDC, has hit an extraordinary milestone, achieving a record market capitalization of $60 billion. This is a significant increase and has more than doubled the value of USDC in the past year. This growth doesn’t only speak to the increasing adoption of USDC. It also is a testament to the broader growth of the stablecoin market, which now exceeds a total market cap of $230 billion. When it comes to the usage and trust factors of stablecoins, USDC stands as one of the most widely used and trusted stablecoins. It firmly is established as the second-largest stablecoin by
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