The on-chain value of Real World Assets has surged to about 29 billion USD, evidencing a strong interest from investors in tokenized assets, affecting the demand for stablecoins, mainly USDC.
With USDC maintaining a stable valuation of 1.00 USD and a market cap nearing 72.41 billion USD, recent trading dynamics have seen an 18.25% drop in USDC’s trading volume, illustrating fluctuations in stablecoin market conditions.
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