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USD Coin sees $1.5B reduction in circulation over 30 days as stablecoin liquidity tightens
USDC's circulating supply fell $1.5B in five weeks to $71.8B, even as on-chain volume surged 151% YoY. What's behind the stablecoin's supply
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Timeline cronologica
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Circle's USDC adds $8B in market cap over the past year
Circle's USDC added roughly $8B in market cap over the past year, hitting ~$72B as the stablecoin outpaces Tether's growth rate and lands a NYDFS
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USD Coin sees $1.5B reduction in circulation over 30 days as stablecoin liquidity tightens
USDC's circulating supply fell $1.5B in five weeks to $71.8B, even as on-chain volume surged 151% YoY. What's behind the stablecoin's supply
- ·
Circle's USDC deployment on Stellar sees 35% market cap growth in 30 days
USDC supply on Stellar surged 34.7% to $365.5 million in 30 days, driven by Circle's CCTP launch connecting the network to 23 blockchains.